Now, a trustee has been appointed to liquidate all of VisionTek's assets in an effort to pay debt back to the banks involved, effectively sealing the fate of the company. The repurcussions this turn of events has on business partner Nvidia will be telling, as HardOCP explains:
"With VisionTek simply vanishing, this leaves a huge gap for NVIDIA to fill. VisionTek was the number one retailer of NVIDIA based VidCards in North America. Hercules has moved to ATi products, Creative is gone for NVIDIA as well with the purchase of 3dLabs, and Elsa's (which is now bankrupt) top-end VidCards were built by VisionTek anyway.
One thing is for sure; this could not come at a worse time for NVIDIA. They are desperately trying to get their NV28 and NV30 chipsets to market before the Christmas buying season ends and they have just lost their biggest card builder that pumps their chipsets into the retail channels in North America. We have heard that NVIDIA has been doing everything it can to keep VisionTek afloat and that would make perfect sense."
With ATI's Radeon 9700 ready to strike, Nvidia is in a tight spot now, and it will be interesting to see how they will react to these happenings.