Apple?s takeover of clone maker Power Computing will enter its final stage at a meeting in Texas later this month when shareholders will be asked to vote to dissolve the company.
Little, if any, resistance is expected to the proposal which will finally shut down what was the first company to be granted a licence to clone Macintosh computers.
Power had intended to complete an initial public offering in June 1997, but this was aborted when the company plunged into losses of $3.9 million just as Apple made clear its intention to cull the clone market because of the threat it posed to Macintosh sales.
In July, Apple offered up a $75 million for certain Power assets, but ended up forking out $100 million in a stock deal to acquire the company?s core operations in September.
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