VIO Worldwide To Close Down by the End of Summer

Sign In | Become a Member | Contact Us

Editions North America | Europe | Magazine

VIO Worldwide To Close Down by the End of Summer

Monday, April 16, 2001

Press release from the issuing company

4/13/01 - (WhatTheyThink.com) According to sources familiar with the company's financial condition, VIO, will cease operations by the end of the summer. Sources said the company had experienced significant losses and was unable to attract the needed funding to continue the operation. Scitex, who owned a portion of the company with BT, said in February that they would divest of their shares in anticipation of a management buy out. An agreement was never reached. Sources said the company would continue operating it's core service until the end of June and provide basic Internet service until the end of July.

Visit InkjetInsight.com

WhatTheyThink is the official show daily media partner of drupa 2024. More info about drupa programs

Member Center
Renew membership, reset password, set email and notification preferences

Submit Your News

Sponsorship Programs

Media Planner

Syndication and News Licensing

Reprints

Terms

BECOME A MEMBER TO RECEIVE ACCESS TO EXCLUSIVE COMMENTARY AND ANALYSIS, INDUSTRY DATA, AND MARKET INTELLIGENCE IMPORTANT TO INDUSTRY EXECUTIVES.

Become a Member

About WhatTheyThink

WhatTheyThink is the global printing industry's go-to information source with both print and digital offerings, including WhatTheyThink.com, WhatTheyThink Email Newsletters, and the WhatTheyThink magazine. Our mission is to inform, educate, and inspire the industry. We provide cogent news and analysis about trends, technologies, operations, and events in all the markets that comprise today's printing and sign industries including commercial, in-plant, mailing, finishing, sign, display, textile, industrial, finishing, labels, packaging, marketing technology, software and workflow.