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Articles: Pattotek selling there share in castle
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Thursday, July 27, 2006 - 07:41 PM, (988 Reads)
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From a recent press release posted at csa, Peter Wild, CEO of Pattotek Ltd has anounced the he is selling Pattotek's 30% share in Castle Ltd.
"Pattotek Ltd owns a 30% share in the voting capital of Castle Technology Ltd ("Castle"), owner of the RISC OS Operating System and developer of RISC OS based desktop computers. Pattotek Ltd today announced that, due to diverging business interests, it is examining its options regarding Castle and would like to hear from potential investors in the RISC OS community who could be interested in gaining control of this stake in Castle.
Pattotek's CEO, Pete Wild said, "after almost 20 years personal involvement in RISC OS, it is regrettably no longer core business and we must consider what is best for the future of the OS". He added, "However, Castle still has a dynamic management team, and exciting new plans for the future of RISC OS; here is an opportunity for the user community to have more of a say in those plans. Given the past history between Castle and RISC OS Ltd, this could represent a chance for the re-unification of efforts to move RISC OS forward."
Interested parties should email: castleinvest@pattotek.com
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