The Icon Bar: News and features: Castle Up For Grabs
Posted by Richard Goodwin on 07:49, 6/7/2006
| RISC OS, Hardware, Mobile computing, Internet, Acorn, Google, Castle Technology
 Cut to the chase: according to a recent press release, 30% of Castle is about to become available: 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 Coming off the back of Intel getting shot of the XScale (StrongARM), now might be the time for RISC OS fans to look down the back of the sofa for that loose change... Source: Google Groups
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Castle Up For Grabs |
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ad (10:16 6/7/2006)
glavallin (10:36 6/7/2006)
mavhc (11:57 6/7/2006)
rich (12:23 6/7/2006)
sa110_mk (13:22 6/7/2006)
David Buck (14:49 6/7/2006)
mspggy (18:21 6/7/2006)
ad (23:50 6/7/2006)
sa110_mk (06:53 7/7/2006)
tribbles (14:14 7/7/2006)
rich (14:37 7/7/2006)
ad (16:47 7/7/2006)
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Andrew Duffell |
Message #94204, posted by ad at 10:16, 6/7/2006 |
Posts: 3262
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Does this has something to do with RISC OS Open Ltd? Are they going to buy out Castle? |
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Geoff Lavallin |
Message #94205, posted by glavallin at 10:36, 6/7/2006, in reply to message #94204 |
Member
Posts: 44
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Reading that Castle have 'exciting new plans for RISC OS'
then I hope new investors have deep pockets. |
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Mark Scholes |
Message #94206, posted by mavhc at 11:57, 6/7/2006, in reply to message #94205 |
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Posts: 660
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How much? |
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Richard Goodwin |
Message #94207, posted by rich at 12:23, 6/7/2006, in reply to message #94206 |
 Dictator for life
Posts: 6828
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Does this has something to do with RISC OS Open Ltd? Are they going to buy out Castle? If there are buyers already lined up, I doubt they'd have taken it to Usenet.
How much? Make them an offer. I have about £16.50 on me, how much is 30% of Castle worth these days? ;) |
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Paul Stewart |
Message #94208, posted by sa110_mk at 13:22, 6/7/2006, in reply to message #94207 |
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Posts: 144
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I wonder why Castle do not purchase it themselves? Pattotek would have been better indicating an offers around in their press release to give people an idea of how much cash they need. Not to mention if they will sell it 1% at a time! |
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David Buck |
Message #94209, posted by David Buck at 14:49, 6/7/2006, in reply to message #94208 |
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I may be wrong, but a 30% voting share is not necessarily a 30% holding in the company, it could be more or it could be less. |
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mspggy |
Message #94210, posted by mspggy at 18:21, 6/7/2006, in reply to message #94209 |
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Make them an offer. I have about £16.50 on me, how much is 30% of Castle worth these days? Woah rich boy! Put your wad away it's only 30% |
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Andrew Duffell |
Message #94211, posted by ad at 23:50, 6/7/2006, in reply to message #94210 |
Posts: 3262
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I have £40.07 because I've just got back from the cash machine, so maybe me at Rich can club together... |
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Paul Stewart |
Message #94212, posted by sa110_mk at 06:53, 7/7/2006, in reply to message #94211 |
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Posts: 144
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I can add a £100 to that! |
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Jason Tribbeck |
Message #94213, posted by tribbles at 14:14, 7/7/2006, in reply to message #94212 |
 Captain Helix
Posts: 929
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How can you get 7p from the cash dispenser? |
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Richard Goodwin |
Message #94214, posted by rich at 14:37, 7/7/2006, in reply to message #94213 |
Dictator for life
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<playpen>Probably what dropped out of people's purses and wallets while they were furiously trying to stuff their cards and cash in, so that they didn't get mugged.</playpen> |
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Andrew Duffell |
Message #94215, posted by ad at 16:47, 7/7/2006, in reply to message #94214 |
Posts: 3262
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Or the seven pence I had left in my wallet before I decided a trip to the cash machine was necessery. |
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The Icon Bar: News and features: Castle Up For Grabs |
