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Unread 17-04-2006, 14:17
Richard Wallace's Avatar
Richard Wallace Richard Wallace is offline
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Re: Innovation First acquires Vex from Radio Shack

Quote:
GREENVILLE, Texas (April 17, 2006) – Innovation First, a leading provider of robotics products for the consumer and education markets, today announced it’s acquisition of the Vex® Robotics Design System brand name and trademark registrations from RadioShack Corporation. Innovation First, developer and licensor of the technology powering Vex, partnered with RadioShack in 2005 to develop the award-winning product platform.

“Gaining ownership of the Vex Robotics brand ...
RadioShack sold the VEX brand. IFI already owned the design/technology, which they developed. I guess if IFI had wanted to sell the same stuff under a new name, they might have avoided paying RS for the brand? Anyway, I hope the right to call the stuff "VEX" instead of something else didn't cost IFI too much.

There are probably many customers (e.g., my team) who will be very glad that these kits are going to be available from IFI. I'd buy one regardless of how they were branded.
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I believe in intuition and inspiration. Imagination is more important than knowledge. For knowledge is limited, whereas imagination embraces the entire world, stimulating progress, giving birth to evolution. It is, strictly speaking, a real factor in scientific research.
(Cosmic Religion : With Other Opinions and Aphorisms (1931) by Albert Einstein, p. 97)
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