DoveBid Inc., a global provider of capital asset auction and valuation services, will conduct a Webcast auction of fixed assets for Napster, Inc., the Internet music service provider that filed for Chapter 11 bankruptcy in June 2002. Napster's intellectual property is excluded from this sale and is being sold to a buyer under a different and unrelated transaction.
The sale will include IT equipment, computers, and Napster memorabilia. Featured assets include Cisco Systems switches, routers and firewalls, VA Linux servers, Network Appliance servers, desktops, notebook computers, monitors and printers by Apple, Dell and Hewlett-Packard, and hundreds of Napster memorabilia items including shirts, hats and jackets.
The Webcast auction will be held on December 11, 2002, beginning at 9:00 am PST at The Marriott in Santa Clara, California. Participants may attend in-person or bid online by registering at online. Detailed preview information, asset catalog, and online bidding instructions are available at on the site.
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