March 12, 2005, the founder and chief executive officer (CEO) Chartwell Technology (Chartwell), a company that specializes in the development of online games, noticed something interesting. CNN headline news ticker on your TV as follows: "the online poker industry is expected to grow by billions each year." CEO and his partner, vice president of business development, gathered to decide whether to acquire MicroPower Inc (MicroPower), online poker company, to $ 2.6 million in cash. Industry, of course, there was the potential for explosive growth. The Director-General had to decide whether to upgrade existing technology Chartwell or purchase MicroPower, to get instant access to their C + + platform to take advantage of growth in the online poker industry. "Hide
by Michael Rose, David Maslach Source: Richard Ivey School of Business Foundation 12 pages. Publication Date: October 31, 2008. Prod. #: 908M55-PDF-ENG
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