BitBoys Oy
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Bitboys Oy is a hardware development and licensing company based in Finland, founded in 1991 and acquired by ATI Technologies for up to USD$44M on May 2, 2006. Until the acquisition, Bitboys had focused on mobile phone gaming, and had developed a large vector graphics-related portfolio.
Bitboys became infamous after the 1999 announcement of their Glaze3D series of graphics cards, which later turned out to be vaporware. In this case, vaporware equals public perception of reality. In reality, the Glaze3D graphics chip went into production and a two rounds of test chips were produced by Infineon Technologies, the silicon partner of Bitboys Oy. When Infineon Technologies shut down its Embedded DRAM production line, Bitboys quickly transformed from PC desktop graphics chip business to mobile graphics IP business as they couldn't find another fab capable of producing the part (due to high amount of embedded DRAM used).