We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,258 News Articles

iPod competitor Creative to exit Nasdaq

Creative Technology aims to cut costs

In what the company calls a cost-cutting measure, Creative Technology has confirmed plans to voluntarily de-list itself from the Nasdaq index.

Creative manufactures a range of products, including sophisticated speaker systems and its own range of iPod-competing MP3 players.

In August last year, Apple and Creative reached a settlement deal on an outstanding patent dispute between the two firms.

Apple paid Creative $100m to licence technology patented by Creative, while Creative joined Apple's ‘Made for iPod’ plan, and has now begun shipping its own range of iPod-ready products.

Creative will maintain its stock market listing in Singapore, and will hold its last day's trade on Nasdaq on August 1.


IDG UK Sites

Acer Aspire R11 review: Hands-on with the 360 laptop and tablet convertible

IDG UK Sites

Apple Watch release day: Twitter reacts

IDG UK Sites

See how Framestore created a shape-shifting, oil and metal based creature for Shell

IDG UK Sites

Apple Watch buying guide, price list & where to buy today: Which Apple Watch model, size, material,?......