This is on 3dfx's site...says letter to customers:
To our valued customers:
We would like to take this opportunity to thank you for the support you've given 3dfx over the years. Through all our ups and downs, we've always been proud of our extremely loyal customers and fans. That's what makes our actions of today so difficult.
It's no secret that 3dfx has been in a very poor financial state for some time. Although we've done our best to avoid taking drastic action, we have finally been forced to admit that there is no possible way we can continue in our current state. As such, we have negotiated an agreement with nVidia that will allow us to provide the best possible result to our creditors, investors, employees and customers.
Under this agreement, nVidia will acquire certain, specific assets from 3dfx including technology, company and product brands and other assets. In addition, the 3dfx board of directors has recommended to our shareholders the dissolution of the company over the next few months. Until that time, however, 3dfx products will remain available at various retail and online locations, and we will continue to support our current and future customers. For additional information, please see today's press releases and FAQ posted elsewhere on this site.
While we firmly believe this agreement is in the best interest of all involved, we deeply regret these actions. Again, we want to extend our sincerest thanks to everyone one of you who helped 3dfx revolutionize 3D graphics and 3D gaming on the PC. Rest assured, the 3dfx legacy will live on through the combined strengths of these two great companies.
Sincerely,
Scott Sellers
3dfx Founder and CTO