Most seasoned enthusiasts have at least one fond memory of an Abit motherboard that overclocked like nobody's business, a trait which propelled the company into legendary status. But just as Abit had risen to the top, the company fell even quicker following questionable management decisions, and the Abit brand name was sold to Universal Scientific Industrial (USI) two years ago. Abit's presence has never been the same, and after December 31st, it will no longer exist, says TweakTown.

News and review site TweakTown appears to have intimate knowledge that USI will shut down Abit after next week. The decision follows failed expectations of USI for Abit's business, which reportedly sold between two to three million motherboards last year. This year, sales are even lower.

Old school enthusiasts hoping for a last minute stay of execution may want to keep crossing their fingers. According to Abit's website, the company's "US branch will be shutdown during the Christmas holidays, [and] normal operation will resume on Jan. 5, 2009."