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'[OT]: Zilog not doing so well...'
M. Adam Davis
Apparently Zilog is filing for chapter 11 bankruptcy. Unlike chapter 7,
this does not mean it's closing its doors, rather that it intends to
straighten out its financial state and requires protection from
creditors while it does so. Ideally they can straighten things out ,
come out of chapter 11 and make money again... Many companies, however,
do restructering far too late.
Let's hope zilog pulls out of this, they've been around a long time, and
it'd be sad to see them go now.
http://www.piclist.com hint: To leave the PICList
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