Date   : Sat, 22 May 1999 21:30:02 +0100
From   : Philip Blundell <philb@...>
Subject: Re: Acorn 

>  It is my understanding that Acorn as  a company is intending to implode
>(those more in the know than me please pipe up and tell me the real
>facts).

My understanding is that they have done a deal with their shareholders to 
exchange 2 ARM shares for every 5 Acorn shares.  Pace have bought the 
set-top box division including the staff, the Newmarket Road site and the 
rights to RISC OS for £200k.  Element 14 have basically bought themselves 
out and are now privately held.  So yes, Acorn as a company will cease to 
exist and existing Acorn shareholders will simply become ARM shareholders.

I'm not sure how much of this has already happened and how much is still 
subject to negotiation and I'm afraid I have no idea at all what the situation 
is with regard to the BBC ROMs.

p.