Clock Media Sold to Full House
Published: Friday, December 03, 2004 Online-Casinos.com
CLOCK MEDIA CHANGES HANDS TO FULL HOUSE ENT.
Antilles management company takes over
Full House Entertainment N.V., a licensed Internet based gaming development and management firm, has made a deal to acquire all of the assets of Clockmedia Inc for an undisclosed amount of money.
These assets include source code for all fully and partially completed casino games, all agreements, and gaming intellectual property.
Mr. Jorge Mijares, President and CEO of Clockmedia Inc. declared "…working with Full House [Entertainment N.V.] to bring this deal to it's final stages has been a daunting project, stressful at times and now after ten months of hard work we have a deal we can all be happy with."
Mr. Joe Mulligan Operating Manager of Full House Entertainment N.V said, "I'm very happy to announce the closing of this deal. The acquisition of Clockmedia's gaming properties will solidify all of the development and software needs of Full House Entertainment N.V.
In saying "Clockmedia's gambling software never reached its full potential in the market" Mulligan is probably correct, for the Montreal based company had many ups and downs in its four year history, and never reached the ranks of the leading gambling software companies.
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