Innovation

CompUSA to close shop

An "orderly wind-down" was initiated after CompUSA was acquired by a private equity firm.

An "orderly wind-down" was initiated after CompUSA was acquired by a private equity firm.

According to CNET News.com:

... it was sold to Specialty Equity, an affiliate of private equity firm Gordon Brothers Group. Terms of the transaction were not disclosed, but the immediate result is that Specialty Equity will close all 103 CompUSA stores in the United States, according to a press release issued late Friday.

This will probably come as great news for bargain-hunters. CompUSA will remain open through the holiday shopping season for your shopping pleasure.

About

Paul Mah is a writer and blogger who lives in Singapore, where he has worked for a number of years in various capacities within the IT industry. Paul enjoys tinkering with tech gadgets, smartphones, and networking devices.

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