On March 12th, 2005, the establisher and chief executive officer (CEO) of Chartwell Technologies (Chartwell), an organization that specialized in Internet gaming development, discovered something fascinating. The CNN headline reports ticker on his TV read: "Online Poker Industry Expected to develop by Billions within the Year."
The CEO obtain MicroPower Inc. (MicroPower), an online poker company, for US$2.6 million in cash. The industry definitely had the prospect of explosive expansion. The CEO had to settle on whether Chartwell must update its present technology or acquire MicroPower to gain instantaneous access to its C platform to along with his partner, the vice-president of business advancement, were about to determine whether to benefit from the growth on the online poker sector.
PUBLICATION DATE: October 31, 2008 PRODUCT #: 908M55-PDF-ENG
This is just an excerpt. This case is about TECHNOLOGY & OPERATIONS