Bachus bails on Infinium Labs
Phantom maker's stongest link to real world of gaming departs CEO slot; Greg Koler appointed as interim CEO.
The long, troubled, and still incomplete journey of Infinium Labs' quest to put a game-grabbing, set-top box in living rooms everywhere suffered a blow today as long-time booster--and company CEO--Kevin Bachus resigned his post.
The company stated today that Bachus left the organization last week to "pursue other opportunities."
Replacing Bachus is Greg Koler, a 15-year veteran of the technology beat, with some specific skills in the area of gaming, including stints at Softbank Broadband Media/Europe and Japan, Sony Computer Entertainment Europe, set-top box manufacturer FTA Communication Technologies, and Vox Mobile Communications based in Luxembourg.
Since June 2004, Koler has been a full-time consultant for Infinium, handling communications, channel, and investment strategies in Europe.
"I'd like to thank Kevin for his past support and wish him well with his future endeavors," Koler said in a statement. "A lot of that support has helped put our operational planning on track and has helped create awareness for the company in the industry."
Bachus follows former colleague Kathy Schoback, Infinium's former VP of content, out the door--Schoback resigned in April to take an executive position at PhysX chipmaker AGEIA. Just prior to Schoback's departure, Infinium lost its executive VP of business development, Richard Skoda.
Infinium remains focused on bringing the Phantom broadband on-demand game service to market, although it has yet to announce an official launch date.
A call to Bachus for comment was not returned by press time.
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17 Comments
Ah, the old quest for convergance! Ain't-a-gonna happen, pardner. The more functions you cram in a box, the harder it is to use. I love the omnipotent PC, but there's a snowball's chance in the devil's arse I'm replacing my cel phone and iPod with one device, and an even smaller chance I'd ditch a console/PC combo for a set-top box.
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Yea they would be stupid to bring it out with those specs, if they are seriouse i would think they would update the specs a little.
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yup. This system was dead before it even hit the planning stage.
Even if it did come out right now the specs are that of an old gaming system 2500+, 256 MB Ram, Geforce 5700 and a 40 GB hd.
You could use your current computer, go sign up for gametap.com and get the same service and probably a lot better game choices and preformance.
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Phantom was definitely the right name for the system.
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We will never see him... Because he is Phantom!
If serious - when they will quit? (if it's new console)
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[sarcasm]When is this comming out!?!? grr! I want to play 4 year old PC games on my TV now!!!!![/sarcasm]
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It's good to see something come out of Infinium Labs alive.
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Not so much "ironic" than "perfectly fitting". The only real demo that I'd seen was on AOTS a few months ago, and even that was pretty underwhelming. If this stupid thing comes out at all, it's likely to be overlooked by much better systems...like the N-Gage.
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I think its name being The Phantom is ironic.
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I'm surprised this wasn't announced earlier. The SEC filing was posted several days ago and I've even made a topic about it in the forums.
The Phantom is dead...
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It will sale many just like the Gizmondo!! (Ha!)
I think they should let it die, also...
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Has anyone else cosidered the possibilty that the entire Infinium labs company may be a write of for investors? Much like Uwe Bolls films and story here about German tax loopholes?
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jeez, they've been talking about this since the xbox came out...
just let it die...even if they do launch it, who will buy it?
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The old joke is "The Phantom console will ship with Duke Nukem: Forever preinstalled on the hard drive."
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You don't wanna know.....but anyways... : http://www.phantom.net/
The thing already takes years to be "developed" and released.
They keep on looking for unlucky investors who fall into the Infinium trap.
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. . .or not developing
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Can there be a link to what Infinium Labs is developing?
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