The leading egaming software developer has divested its 20 per cent shareholding in Jadestone Group for SEK 17.1 million. The sale generated a capital gain of SEK 7.1 million.
The reason for the divestment is the strategic change implemented by Boss Media during the spring, which entails, among other consequences, that Boss Media will focus primarily on the internet, interactive video terminals and, in the future, interactive digital-TV as distribution channels for digital gaming entertainment.
“The cooperation with Jadestone was concentrated around mobile games. When we received a good offer, we decided to sell, because mobile games are no longer part of our area of focus,” said Johan Berg, President of Boss Media.
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