Name: | Creative Technology Ltd.; Jurong East (SGP) |
Abbreviation: | creative |
Products: | Model types |
Summary: |
Creative Technology Ltd. Brands: Sound Blaster, Creative X-Fi Sonic Carrier, MuVo, NOMAD, ZEN, MuVo TX FM Creative Technology Ltd. is a Singaporean multinational technology company headquartered in Jurong East, Singapore, with overseas offices in Shanghai, Tokyo, Dublin, and Silicon Valley (where in the US it is known as Creative Labs). |
Founded: | 1981 |
Production: | 1981 - |
History: |
1981-1996 Later, Creative spent $500,000 developing the Cubic CT, an IBM-compatible PC adapted for the Chinese language and featuring multimedia features like enhanced color graphics and a built-in audio board capable of producing speech and melodies. With a lack of demand for multilingual computers and few multimedia software applications, the Cubic was a commercial failure. Shifting focus from language to music, Creative developed the Creative Music System, a PC add-on card. Sim established Creative Labs, Inc. in the United States Silicon Valley and convinced software developers to support the sound card, renamed Game Blaster and marketed by RadioShack's Tandy division. The success of this audio interface led to the development of the standalone Sound Blaster sound card, introduced at the 1989 COMDEX show just as the multimedia PC market, fueled by Intel's 386 CPU and Microsoft Windows 3.0, took off. n 1993, the year after Creative's initial public offering, 1992, former Ashton-Tate CEO Ed Esber joined Creative Labs as CEO to assemble a management team to support the company's rapid growth. This group played key roles in reversing a brutal market share decline caused by intense competition from Mediavision at the high end and Aztech at the low end. Sorkin, in particular, dramatically strengthened the company's brand position through crisp licensing and aggressive defense of Creative's intellectual property positions while working to shorten product development cycles. At the same time, Esber and the original founders of the company had differences of opinion on the strategy and positioning of the company. Esber exited in 1995, followed quickly by Buchanan and Pomerantz. By 1996, Creative's revenues had peaked at US$1.6 billion. With pioneering investments in VOIP and media streaming, Creative was well-positioned to take advantage of the Internet era, but ventured into the CD-ROM market and was eventually forced to write off nearly US$100 million in inventory when the market collapsed due to a flood of cheaper alternatives. 1997–present The firm had maintained a strong foothold in the ISA PC audio market until 14 July 1997 when Aureal Semiconductor entered the soundcard market with their very competitive PCI AU8820 Vortex 3D sound technology. The firm at the time was in developing its own in-house PCI audio cards but was finding little success in adopting the PCI standard. In January 1998 in order to quickly facilitate a working PCI audio technology, the firm made the acquisition of Ensoniq for US$77 million. On 5 March 1998, the firm sued Aureal with patent infringement claims over a MIDI caching technology held by E-mu Systems. Aureal filed a counterclaim stating the firm was intentionally interfering with its business prospects, had defamed them, commercially disparaged them, engaged in unfair competition with the intent to slow down Aureals sales, and acted fraudulently. The suit had come only days after Aureal gained a fair market with the AU8820 Vortex1. In August 1998, the Sound Blaster Live! was the firm's first sound card developed for the PCI bus in order to compete with the upcoming Aureal AU8830 Vortex2 sound chip. Aureal at this time were making fliers comparing their new AU8830 chips to the now shipping Sound Blaster Live. The specifications within these fliers comparing the AU8830 to the Sound Blaster Live! EMU10K1 chip sparked another flurry of lawsuits against Aureal, claiming Aureal had falsely advertised the Sound Blaster Live!'s capabilities. In December 1999, after numerous lawsuits, Aureal won a favorable ruling but went bankrupt as a result of legal costs and their investors pulling out. Their assets were acquired by Creative through the bankruptcy court in September 2000 for US$32 million. The firm had in effect removed its only major direct competitor in the 3D gaming audio market, excluding their later acquisition of Sensaura. In April 1999, the firm launched the NOMAD line of digital audio players that would later introduce the MuVo and ZEN series of portable media players. In November 2004, the firm announced a $100 million marketing campaign to promote its digital audio products, including the ZEN range of MP3 players. The firm applied for U.S. Patent 6,928,433 on 5 January 2001 and was awarded the patent on 9 August 2005.
On 22 March 2005, The Inquirer reported that Creative Labs had agreed to settle a class action lawsuit about the way its Audigy and Extigy soundcards were marketed. The firm offered customers who purchased the cards up to a $62.50 reduction on the cost of their next purchase of its products, while the lawyers involved in filing the dispute against Creative received a payment of approximately $470,000. In 2007, Creative voluntarily delisted itself from NASDAQ, where it had the symbol of CREAF. Its stocks are now solely on the Singapore Exchange (SGX-ST). In early 2008, Creative Labs' technical support centre, located in Stillwater, Oklahoma, US laid off several technical support staff, furthering ongoing concerns surrounding Creative's financial situation. Later that year, the company faced a public-relations backlash when it demanded that a user named "Daniel_K" cease distributing modified versions of drivers for Windows Vista which restored functionality that had been available in drivers for Windows XP. The company deleted his account from its online forums but reinstated it a week later. In January 2009, the firm generated Internet buzz with a mysterious website promising a "stem cell-like" processor which would give a 100-fold increase in supercomputing power over current technology, as well as advances in consumer 3D graphics. In November 2012, the firm announced it has entered into an agreement with Intel Corporation for Intel to license technology and patents from ZiiLABS Inc. Ltd, a wholly-owned subsidiary of Creative, and acquire engineering resources and assets related to its UK branch as a part of a $50 million deal. ZiiLABS (still wholly owned by Creative) continues to retain all ownership of its StemCell media processor technologies and patents and will continue to supply and support its ZMS series of chips to its customers. Wikipedia, accessed September 2022. |
This manufacturer was suggested by Keith Ellison.
Country | Year | Name | 1st Tube | Notes |
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SGP | 04 | MuVo TX FM | The MuVo TX FM is a multi-format portable player which allows you to store songs in the pl... |
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