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Title: Back from the dead: CompUSA assets snapped up by TigerDirect Post by: Alex on January 08, 2008, 12:41:50 PM Back from the dead: CompUSA assets snapped up by TigerDirect
CompUSA will live on, thanks to a deal with electronics marketer Systemax. Systemax, which owns popular computer parts reseller (and CompUSA competitor) TigerDirect, announced yesterday that it has entered into an agreement to purchase the CompUSA brand, trademarks, and e-commerce business. It also plans to acquire select assets and retail stores from the company, and says that it expects to close various parts of the deal throughout the first quarter of the year. "We believe the value of the CompUSA brand remains very high. The company has a long legacy of value pricing, service and customer loyalty among consumers nationwide," said Systemax CEO Richard Leeds in a statement. "We view this acquisition as a strong complementary business to our TigerDirect operation." Read full story... http://feeds.feedburner.com/~r/neowin-main/~3/213154749/back-from-the-dead-compusa-assets-snapped-up-by-tigerdirect |