Tandy withdraws from Dragon talks

TANDY has dropped out of negotiations to acquire in part the assets of the failed Welsh micro manufacturer Dragon Data.

The company had hoped. said managing director John Sayers, to have acquired the Dragon name and finished goods stock in order to provide support for existing users.

However. Tandy has now decided that there is no possibility of restoring profits to the Kenfig assembly plant and, having failed to reach an agreement with the receivers Touche Ross, has pulled Out.

This leaves only one company — GEC — still in the bidding for Dragon Data. A GEC spokesman declined to comment on the situation but it is widely expected that GEC will now continue to market the Dragon machines, with the Dragon 32 dropping in price.

Its launch of the Dragon MSX machine at the Personal Computer World Show in the Autumn now seems likely to be delayed until early 1985. because of component shortages. John Hiley, GEC’s marketing support manager. said. “I am not aware of any problems surrounding an MSX machine, but then GEC has not made any public statement regarding MSX at all.”