Is Commodore poised for a comeback?

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Seriously, that is the title of an article on CNet.com. The once popular computer brand has been bought and a new company has been created with that name.

A Dutch consumer media company is hoping it can tap the power of the VIC 20, the PET and the Commodore 64 to launch a new wave of products, including a home media center device and a portable GPS (Global Positioning System) unit and media player.

Yeahronimo Media Ventures, which has offices in Los Angeles and Baarn, the Netherlands, acquired the rights to the Commodore name late last year in a deal worth just over $32.7 million. Earlier this year, it took on Commodore as its own corporate moniker. The rebranded company already has some products available in Europe and on its Web site, but hopes to enter the U.S. market at the Computer Electronics Show in Las Vegas in January.

In an interview, Commodore CEO Ben van Wijhe said the company bought the Commodore name with the idea of tapping its reputation for games and multimedia.

“It is not only the brand name but also the heritage of Commodore that interested us,” he said.

The company has said it plans to launch three products at the show. The Commodore MediaBox is an all-in-one home entertainment box with an Internet connection, digital TV tuner and hard drive for playing music downloads, games or on-demand video. The Commodore Navigator is a Windows CE-based portable device with a 20GB hard drive for music and video storage as well as built-in GPS and a 3.6-inch touch screen.

Wow, $32.7 for a brand of a company that died. Is Commodore poised for a comeback? I am going to go with “no”.

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