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Miscellaneous News   Miscellaneous News : Tao Group Goes into Administration
   posted by Mark on 13-Jun-2007 13:14:40 (7699 reads)
According to theregister:

Tao Group

The Tao Group is in administration. The Tao Group produces the Intent platform that Amiga Inc.'s AmigaDE runs on.
    

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newbee 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 13:33:32
#1 ]
Regular Member
Joined: 18-Sep-2003
Posts: 175
From: Adelaide, Australia

I really should try posting news one day...

I did post to a forum thread though...

Edit: link removed, original link now no longer valid

Oh well...



edit: removed invalid link

Last edited by newbee on 13-Jun-2007 at 01:46 PM.

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Fransexy 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 13:36:59
#2 ]
Elite Member
Joined: 8-Jun-2004
Posts: 2332
From: Elche (Alicante), spain

Amiga inc must have bought the tao group instead of squandering the money putting its name on a stadium

Last edited by Fransexy on 13-Jun-2007 at 01:38 PM.


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Swoop 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 13:40:34
#3 ]
Elite Member
Joined: 20-Jun-2003
Posts: 2121
From: Long Riston, East Yorkshire

No wonder AInc have gone after OS4 big time.


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Peter Swallow.
A1XEG3-800 [IBM 750FX PowerPC], running OS4.1FE, using ac97 onboard sound.

"There are 10 types of people in the world: those who understand binary, and those who don't."

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newbee 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 13:41:09
#4 ]
Regular Member
Joined: 18-Sep-2003
Posts: 175
From: Adelaide, Australia

@Fransexy
If you read the article it says:
Quote:
According to sources, the Reading-based firm's IP portfolio was sold in a private auction last week to venture capitalists Cross Atlantic Capital Partners.


Note, the name Amiga does not appear anywhere in the article...

I suspect they have missed the boat this time. It would have been a very good aquisition if they had though.

Regards
Darren

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RodTerl 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 13:41:28
#5 ]
Cult Member
Joined: 6-Sep-2004
Posts: 589
From: Rossendale

Oh CRUD.

Now Microsoft will be able to buy up intent, and All its associated patents Dirt Cheap, locking everyone else out of the cheap and simple distributed processing idea.

Goodby Linux and all other person based systems, its been nice knowing you. 8(

RodTerl

This also means, effectively, Microsoft own the rights to all posible variations of the codeing needed to create Machine and artificial inteligences, wether hardware or virtual based. 8(


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Swoop 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 13:44:08
#6 ]
Elite Member
Joined: 20-Jun-2003
Posts: 2121
From: Long Riston, East Yorkshire

@ Fransexy

You probably mean AInc should have bought the tao group.


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Peter Swallow.
A1XEG3-800 [IBM 750FX PowerPC], running OS4.1FE, using ac97 onboard sound.

"There are 10 types of people in the world: those who understand binary, and those who don't."

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billt 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 13:59:05
#7 ]
Elite Member
Joined: 24-Oct-2003
Posts: 3134
From: Maryland, USA

Any quick & dirty definition of "in administration"? Is this the British equivalent of bankruptcy? Or is it something else?

How does this turn of events affect the Genesi thing?


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Zardoz 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 14:03:26
#8 ]
Team Member
Joined: 13-Mar-2003
Posts: 4261
From: Unknown

Forget that, how does this affect the Amiga thing? It really explains why the sudden interest in OS4, they're left without a product.


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The_Editor 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 14:03:38
#9 ]
Elite Member
Joined: 7-Mar-2003
Posts: 7628
From: 192.168.0.02 ..Pederburgh .. Iceni

Yup..

Administration basically means....

Up sh|t creek and trying to sell the paddle !!


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Mark 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 14:03:42
#10 ]
Team Member
Joined: 12-Mar-2003
Posts: 1457
From: UK

not quite the same, but more or less (effectively means the same), as I understand it, the company is being winded down by outside administrators and assets sold off to cover all debts...

Mark

Last edited by Mark on 13-Jun-2007 at 02:05 PM.


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The_Editor 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 14:08:29
#11 ]
Elite Member
Joined: 7-Mar-2003
Posts: 7628
From: 192.168.0.02 ..Pederburgh .. Iceni

@AMiGR

Quote:

It really explains why the sudden interest in OS4, they're left without a product.



Indeed.

Perhaps the comments section on that "Reg" news post will say something along those lines?


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digitaldisaster 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 14:13:57
#12 ]
Cult Member
Joined: 3-Feb-2004
Posts: 584
From: Lincoln, England

Administration is something along the lines of Chapter 11 bankrupcy protection.

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Benji 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 14:23:02
#13 ]
Cult Member
Joined: 1-Nov-2003
Posts: 573
From: Cheltenham or London, UK

@AMiGR

Quote:
It really explains why the sudden interest in OS4,


So over a number of years they have had ports to different hardware and been trying to get the *complete* source so they can do something with it counts as "sudden interest"?

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Zardoz 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 14:56:59
#14 ]
Team Member
Joined: 13-Mar-2003
Posts: 4261
From: Unknown

Quote:
So over a number of years they have had ports to different hardware and been trying to get the *complete* source so they can do something with it counts as "sudden interest"?


Are you talking about the years in which they were endorsing the development of OS 4 features, posting progress reports on their website, hosting technical articles by the Friedens also on the website, all the while claiming that they have nothing to do with the development or distribution of the OS? Because I am. They have had ports to different hardware? No, Hyperion had ports to different hardware, one of which endorsed by Amiga Inc. None of these ports were released because of the lack of license. While I think that it was extremely foolish on Hyperion's behalf to sign the bill of sale and accept the money while they were owed money and couldn't cover developers' fees, yes, it is "sudden interest", in that they suddenly changed their public stance and sued.

Last edited by AMiGR on 13-Jun-2007 at 02:58 PM.


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fryguy 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 15:00:34
#15 ]
Cult Member
Joined: 6-Dec-2003
Posts: 852
From: Tinytown

This might be good, hopefully they will give up that amigade crap for good now.

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Fransexy 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 15:33:30
#16 ]
Elite Member
Joined: 8-Jun-2004
Posts: 2332
From: Elche (Alicante), spain

Quote:
You probably mean AInc should have bought the tao group.


Yeah!!! Mistakes happens with no mother languages


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Jupp3 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 15:45:32
#17 ]
Super Member
Joined: 22-Feb-2007
Posts: 1223
From: Unknown

Does that mean there will be no AmigaOS5?

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Colin_Camper 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 16:12:51
#18 ]
Super Member
Joined: 6-Jul-2003
Posts: 1188
From: Unknown

No change.

The people who bought TAO were already investors.

It's another shell game.

Cross Atlantic invest in TAO

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Rob 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 16:18:21
#19 ]
Elite Member
Joined: 20-Mar-2003
Posts: 5851
From: S.Wales

I wonder if Amiga Inc owe them money.

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Amiga_3k 
Re: Tao Group Goes into Administration
Posted on 13-Jun-2007 17:22:36
#20 ]
Cult Member
Joined: 17-Jun-2006
Posts: 818
From: Assen, Nederland

Now all that's needed is a little bit of investigation to find the link between Cross Atlantic Partners and Amiga Inc. Just visited the site and I can't help but feel that Cross Atlantic Partners' site technically looks a lot like Amiga.com. I'll dive into this a bit more later, first I've other tasks to do.


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