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September 17, 2008

Focus Enhancements files Chapter 11

Please note, this blog has been archived and now lives at www.discretecosine.com

Focus Enhancements, manufacturers of the Firestore line of products, filed for chapter 11 bankruptcy today. It was pretty clear that it was coming - they haven't had a profitable quarter for quite a while, the stock has been delisted from the NASDAQ and the market for harddisk recorders is eroding.

Too bad for their employees, but hopefully someone will buy them cheap (their market capitalization was under $5million yesterday) and refocus (excuse the pun) the company around a core set of products. Many folks don't realize that besides the Firestores, Focus makes video switchers, digital asset management tools, conversion software, digital signage tools and semiconductors. Maybe it's time to just do one of those things well...

Posted by at September 17, 2008 8:56 AM | News

Comments

Amazing this 3 days after this press release.

Amsterdam, The Netherlands (IBC2008) - September 15, 2008—Focus Enhancements Inc. (NASDAQ: FCSE), a worldwide leader in media management and ultra wideband (UWB) wireless technology, today announced that it has partnered with Canon U.S.A. to develop the FS-CV Direct To Edit® (DTE) Recorder for Canon’s XL and XH series of professional HDV cameras.

Posted by: Albert at September 18, 2008 3:10 PM

Amazing this 3 days after this press release.

Amsterdam, The Netherlands (IBC2008) - September 15, 2008—Focus Enhancements Inc. (NASDAQ: FCSE), a worldwide leader in media management and ultra wideband (UWB) wireless technology, today announced that it has partnered with Canon U.S.A. to develop the FS-CV Direct To Edit® (DTE) Recorder for Canon’s XL and XH series of professional HDV cameras.

Posted by: Albert at September 18, 2008 3:11 PM