Point of View files for bankruptcy...

[Danny75]

I had a Point of View 8400 GS for years.

 

[Terrorfirmer]

I had a Point of View 8400 GS for years.

Remember walking into Maplin and PC World years ago, and they always had loads of Point of View and Palit ****box cards sort of masquerading as high-end gaming cards?

I'd say thousands of people bought them based on the box art rather than knowing anything about the cards. These days that doesn't seem to happen anymore, manufacturers tend to be a little more honest about cards capabilities and the box art follows accordingly.

Saw someone in Maplin buying a 7100GS on the advise of the sales guy, to upgrade their PC to play games at one point.... my lower lip was actually trembling with the effort not to say something.

 

[Kaapstad]

Remember walking into ****** and ** ***** years ago, and they always had loads of Point of View and Palit ****box cards sort of masquerading as high-end gaming cards?

I'd say thousands of people bought them based on the box art rather than knowing anything about the cards. These days that doesn't seem to happen anymore, manufacturers tend to be a little more honest about cards capabilities and the box art follows accordingly.

Saw someone in Maplin buying a 7100GS on the advise of the sales guy, to upgrade their PC to play games at one point.... my lower lip was actually trembling with the effort not to say something.

I very rarely go into computer shops but when I do the sales assistant is about 1/3 my age and speaks to me like I am totally clueless, so I just play along and get what I came for asap.

 

[Sem]

The FX5800 was dire, the FX5950 which is what the FX5800 should have been was perfectly fine but late

5950 was a great card i had one

even sold my 9700 Pro to get it

i bet thats triggered some people

 

[AthlonXP1800]

I checked internet for any updates on Point of View bankruptcy weeks ago.

http://www.guru3d.com/news-story/point-of-view-has-been-declared-bankrupt,2.html

Updated 25-11-2016:

We received an email statement from what now is called the Point of View Holding:

Earlier this week, POINT OF VIEW – a hardware brand most known for their NVIDIA based graphics cards – was incorrectly pronounced dead, as several websites published an article about the “Bankruptcy of Dutch hardware manufacturer POINT OF VIEW BV”.

Due to miscommunication in the court reports, it created the misunderstanding that the brand POINT OF VIEW is dead. This is not the fact, and the brand will surely continue to exist. We kindly ask you to read this clarification of the situation and help us justify this error.

POINT OF VIEW BV was a subsidiary company part of the POINT OF VIEW GROUP that had its activities mainly in the retailing market in the Benelux. As last few years have shown us with the bankruptcy of several major retailing companies, the business climate in Europe is anything but healthy and this division has been terminated due to low demand and declined profitability in its operational market. The published articles this week did not account for the fact that POINT OF VIEW BV is only a part of the POINT OF VIEW GROUP.

The POINT OF VIEW GROUP consists of POINT OF VIEW HOLDING, POINT OF VIEW INTERNATIONAL, POINT DE VUE AFRIQUE, POINT OF VIEW ASIA, and MOBII SUPPLY PARTNER. All these entities are still fully operational. Clients of POINT OF VIEW BV have been notified and where possible, directed to the international subsidiary of the group. We can ensure that all clients of our companies will be taken care of also in the future. POINT OF VIEW as a brand is still going strong and will continue to proudly raise the Dutch flag as one of the few genuine European hardware manufacturers, founded and headquartered in the Netherlands.

Surely, we are sad to have parted with some of our friends, partners and colleagues and we can assure you that it’s no fun having to cut off your own limb.

Thank you very much for your time.

Best regards,

Point of View CEO


Point of View Holding (headquarters)
Achtseweg Noord 11,
5651 GG Eindhoven,
The Netherlands

http://www.anandtech.com/show/10862/point-of-view-bv-declares-bankruptcy

Shipments of discrete graphics cards for desktop PCs have shrunk by nearly two times since 2007 and competition between vendors intensified in the recent years. As a result, some companies have tried to diversify their business while others have had to leave. Last week Point of View BV, which was a known supplier of graphics adapters in Europe (particularly last decade), was declared bankrupt by the court in Oost-Brabant in the Netherlands. Meanwhile, the owner of the brand claims that the holding company Point of View Holding BV is still operational and plots its return.

Point of View was established in 1994 with a purpose to sell various devices including graphics cards under a singular brand. The company got rather famous in 2000s, particularly for its inexpensive NVIDIA GeForce adapters available widely across Europe. As the market of graphics add-in-boards (AIBs) contracted and the competition intensified in 2010s, Point of View lost its market share and attempted to diversify its business by adding media tablets, mobile accessories and even drones to its product family. While the company kept selling video cards, its lineup of NVIDIA’s GeForce GTX 900-series adapters shrank to only five products (versus 19 members of the GeForce GTX 600-series family several years ago). Meanwhile, sales of tablets have been either declining or stagnating for years and despite low prices (enabled by Intel’s incentives and subsidies to China-based manufacturers) Point of View never got popular. After facing multiple problems, Point of View BV filed for bankruptcy earlier this year and this week the court in Oost-Brabandt declared it insolvent.

On Friday, Bjørn Solli, CEO of Point of View, told us that the brand is not fading into oblivion. Point of View Holding BV, the parent company, owns multiple business entities, including Point of View BV, Point of View International BV, Point of View Asia Corp Ltd., Point of View US LLC and others. To date, only Point of View BV has been declared bankrupt, which is why it cannot continue operations and for now, we are not going to see any new graphics cards carrying the brand either in Europe or in the U.S. Right now, the company still sells add-in graphics boards in Latin America, whereas its Mobii Supply Partner BV division is focused on accessories for mobile devices. Nonetheless, the chief executive of Point of View hopes that eventually his company will return to the market of graphics cards “when the time is right.”

“We will do what we can to be back to the European market,” said Bjørn Solli. “It will be with diversified products. We have many ideas! And it will not take long.”

Unfortunately, to date the company has not come up with any RMA solutions for owners of its existing products, but the CEO promised to provide an update on the matter next week.

Wow I am stunned and so confused that Point of View brand is still functioned and operational now, the brand is not dead and gone after Point of View BV under trade names Bestcom, Point Of View Graphics, Point Of View Asia and Point Of View International was declared bankruptcy weeks ago but weird I cant find any financial records on parent company Point of View Holding BV or Point of View Group.

 

[Freddie1980]

I checked internet for any updates on Point of View bankruptcy weeks ago.

http://www.guru3d.com/news-story/point-of-view-has-been-declared-bankrupt,2.html



http://www.anandtech.com/show/10862/point-of-view-bv-declares-bankruptcy



Wow I am stunned and so confused that Point of View brand is still functioned and operational now, the brand is not dead and gone after Point of View BV under trade names Bestcom, Point Of View Graphics, Point Of View Asia and Point Of View International was declared bankruptcy weeks ago but weird I cant find any financial records on parent company Point of View Holding BV or Point of View Group.

POV aren't bankrupt it just depend your point of view..........I'll get my coat.