Sale of The Company
Competition from Macromind/MacroMedia Director, coupled with the atrophying of the core music product line, led to the sale of some of the company assets to GVOX in 1998, when Passport Designs ceased to exist as a company.
Read more about this topic: Passport Designs
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“I hate this shallow Americanism which hopes to get rich by credit, to get knowledge by raps on midnight tables, to learn the economy of the mind by phrenology, or skill without study, or mastery without apprenticeship, or the sale of goods through pretending that they sell, or power through making believe you are powerful, or through a packed jury or caucus, bribery and repeating votes, or wealth by fraud.”
—Ralph Waldo Emerson (18031882)
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