STOCKHOLM, SWEDEN, December 21, 2011 (Press-News.org) Jadestone today announced the completion of a management buy-out from its parent company, Åland based gaming operator Paf. The company is now 100% owned and controlled by its current management team.
The buy-out agreement includes the entire Jadestone corporate structure, including all staff, gaming platforms, intellectual properties and other resources currently employed by Jadestone in its development and operation of online casino and multiplayer gaming solutions for leading global operators.
"Our relationship with Paf has been invaluable for our growth into an established player on the global online gaming arena," said Robert Henrysson, CEO for Jadestone. "However, the synergies have diminished as Paf concentrates on the consumer business while Jadestone's focus is on B2B gaming platforms. Now that we part ways, it's with excitement but also with great appreciation of our long partnership. We certainly expect that Jadestone will continue to be a key provider of popular games to Paf."
"It's a rare luxury for management teams to get a chance like this," said Tobias Nissen, Business Development Director for Jadestone. "We're clearly leaving a safe harbor, but for true entrepreneurs like us, nothing beats steering your own ship. We hope and believe that the independence and flexibility now gained will enable us to serve and delight both current and new clients even better."
Contacts
Robert Henrysson
CEO, Jadestone
robert.henrysson@jadestone.se
+46 8 24 05 01
Tobias Nissen
Business Development Director, Jadestone
tobias.nissen@jadestone.se
+46 8 24 05 01
About Jadestone
Jadestone is a leading developer of fully managed online game solutions. The product portfolio is built on the acclaimed Arena networks and features backgammon, card games and a full range of casino- and mini games in partnership with Play'n Go. Headquartered in Stockholm, Sweden, the company is privately owned and funded. For more information about Jadestone and its products, please go to http://www.jadestone.se.
Jadestone Completes Management Buy-Out
Jadestone today announced the completion of a management buy-out from its parent company, Åland based gaming operator Paf.
2011-12-21
ELSE PRESS RELEASES FROM THIS DATE:
Gurnee Invisalign Pro Offers Complimentary Consultations
2011-12-21
Dr. Michael Stosich, an Invisalign specialist, and his team of trained, experienced professionals offer a complimentary consultation for anyone in Gurnee, IL.
During the consultation, a patient meets with Stosich and the treatment coordinator. A 40 minute examination will then occur.
"The goal is to create a relaxing environment for the patient," says child orthodontic expert Stosich. "Any concerns the patient has will be addressed."
Invisalign provider Stosich explains a number of things discussed in the first appointment.
What Type Of ...
Head Boxing Coach for Mixed Martial Arts Conditioning Association Alan Kemp Inducted into Buffalo Boxing Hall of Fame
2011-12-21
With long hair that earned him the nickname of "Pony Boy," Alan Kemp won three Golden Gloves Championships and 12 professional wins as a middleweight boxer in the 1970s. The current boxing coach for the Mixed Martial Arts Conditioning Association (MMACA), Kemp was recently inducted into the Buffalo Boxing Hall of Fame. Inductees are voted on by members of the Ring 44, the Buffalo Veteran Boxers Association.
Kemp started boxing at age nine and turned pro in 1972 with an 81-second knockout of Jimmy Jenkins. After retiring after many successful matches, Kemp wanted ...
In hot water: Ice Age findings forecast problems
2011-12-21
The first comprehensive study of changes in the oxygenation of oceans at the end of the last Ice Age (between about 10 to 20,000 years ago) has implications for the future of our oceans under global warming. The study, which was co-authored by Eric Galbraith, of McGill's Department of Earth & Planetary Sciences, looked at marine sediment and found that that the dissolved oxygen concentrations in large parts of the oceans changed dramatically during therelatively slow natural climate changes at the end of the last Ice Age. This was at a time when the temperature of surface ...
Blue Steel Acquisitions Says Ireland has Plenty of Work Opportunities
2011-12-21
Blue Steel Acquisitions observe Australia as one of the few countries that have not entered recession. The economy is booming, and with one of the lowest unemployment rates in the world the work there is plenty. Over the next few years Australia will require tens of thousands of skilled migrants, especially those with a background in medicine, nursing, engineering, and construction. Blue Steel Acquisitions have noticed with employment opportunities in Ireland scarce and employers seeking only experienced workers, many Irish people are now considering immigrating to Australia.
Despite ...
Will Antarctic worms warm to changing climate?
2011-12-21
Researchers at the University of Delaware are examining tiny worms that inhabit the frigid sea off Antarctica to learn not only how these organisms adapt to the severe cold, but how they will survive as ocean temperatures increase.
The National Science Foundation study, led by Adam Marsh, associate professor of marine biosciences in UD's College of Earth, Ocean, and Environment, also will compare the process of temperature adaptation in the polar worm, known scientifically as Capitella perarmata, with that of a close relative that inhabits temperate waters, Capitella ...
Leading Business Brokerage Firm Announces New Territories for Business Broker Franchises
2011-12-21
Capital Business Solutions, a full service business brokerage firm, announces new territories for those looking to own a business broker franchise. Capital Business Solutions provides an extensive training and orientation process for each of their new franchisees to prepare them with the knowledge and expertise necessary to strive in the business brokerage industry and build their own business with unlimited opportunity.
"Over the past few years we have been modeling our platform to facilitate expansion" said Michelle Seiler, Managing Partner. "Our franchisees ...
University of Nevada, Reno using new technology to record Antarctic Ocean, ice temperatures
2011-12-21
RENO, Nev. – Half-mile long thermometers have been dropped through the Ross Ice Shelf in Antarctica that will give the world relevant data on sea and ice temperatures for tracking climate change and its effect on the glacial ice surrounding the continent. The study based at the University of Nevada, Reno is funded by the National Science Foundation's Office of Polar Programs and other NSF grants.
"This technology is allowing us to do something never before done; to record continuous temperature data in and under the ice shelf," said Scott Tyler of the University of Nevada, ...
Study reveals turn 'signals' for neuron growth
2011-12-21
Irvine, Calif., and Arlington, Texas -- Researchers at UC Irvine and The University of Texas at Arlington have discovered how spinning microparticles can direct the growth of nerve fiber, a discovery that could allow for directed growth of neuronal networks on a chip and improve methods for treating spinal or brain injuries.
Michael Berns, the founding director of the Beckman Laser Institute and Medical Clinic at UCI, and Samarendra Mohanty, an assistant professor of physics at UT Arlington, are coauthor of the paper, which is now available online and will appear in ...
Sensing the deep ocean
2011-12-21
Futuristic robots may be coming soon to an ocean near you. Sensorbots are spherical devices equipped with biogeochemical sensors, that promise to open a new chapter in the notoriously challenging exploration of earth's largest ecosystem—the ocean.
The devices are being designed and developed in the laboratory of Professor Deirdre Meldrum, ASU Senior Scientist and Director of the Center for Biosignatures Discovery Automation at Arizona State University's Biodesign Institute.
Much of Meldrum's genomic research focuses on deep ocean environments and leverages her extensive ...
National Exercise & Sports Trainers Association's Online Kids Nutrition Specialist Training Focuses on Reducing Childhood Obesity and Diabetes and Improving Health
2011-12-21
With the growing epidemic of both childhood obesity and childhood diabetes in the United States and across the globe, kid-focused nutrition is more critical than ever. To help train more people in this specialized field of nutrition, the National Exercise & Sports Trainers Association (NESTA) offers an online, self-paced Kids Nutrition Specialist program.
The online Kids Nutrition Specialist training helps create more fun and healthy food choices for kids, with kids' nutrition games and strategies for overcoming objections to certain foods. The program also includes ...
LAST 30 PRESS RELEASES:
Stand up to cancer adds new expertise to scientific advisory committee
‘You don’t just throw them in a box.’ Archaeologists, Indigenous scholars call on museums to better care for animal remains
Can AI tell us if those Zoom calls are flowing smoothly? New study gives a thumbs up
The Mount Sinai Hospital ranked among world’s best in Newsweek/Statista rankings
Research shows humans have a long way to go in understanding a dog’s emotions
Discovery: The great whale pee funnel
Team of computer engineers develops AI tool to make genetic research more comprehensive
Are volcanoes behind the oxygen we breathe?
The two faces of liquid water
The Biodiversity Data Journal launches its own data portal on GBIF
Do firefighters face a higher brain cancer risk associated with gene mutations caused by chemical exposure?
Less than half of parents think they have accurate information about bird flu
Common approaches for assessing business impact on biodiversity are powerful, but often insufficient for strategy design
Can a joke make science more trustworthy?
Hiring strategies
Growing consumption of the American eel may lead to it being critically endangered like its European counterpart
KIST develops high-performance sensor based on two-dimensional semiconductor
New study links sleep debt and night shifts to increased infection risk among nurses
Megalodon’s body size and form uncover why certain aquatic vertebrates can achieve gigantism
A longer, sleeker super predator: Megalodon’s true form
Walking, moving more may lower risk of cardiovascular death for women with cancer history
Intracortical neural interfaces: Advancing technologies for freely moving animals
Post-LLM era: New horizons for AI with knowledge, collaboration, and co-evolution
“Sloshing” from celestial collisions solves mystery of how galactic clusters stay hot
Children poisoned by the synthetic opioid, fentanyl, has risen in the U.S. – eight years of national data shows
USC researchers observe mice may have a form of first aid
VUMC to develop AI technology for therapeutic antibody discovery
Unlocking the hidden proteome: The role of coding circular RNA in cancer
Advancing lung cancer treatment: Understanding the differences between LUAD and LUSC
Study reveals widening heart disease disparities in the US
[Press-News.org] Jadestone Completes Management Buy-OutJadestone today announced the completion of a management buy-out from its parent company, Åland based gaming operator Paf.