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Acorn Arcade forums: News and features: Castle Up For Grabs
 

Castle Up For Grabs

Posted by Richard Goodwin on 08:49, 6/7/2006 | , , , , , ,
 
CastlelogoCut 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
 
  Castle Up For Grabs
  ad (11:16 6/7/2006)
  glavallin (11:36 6/7/2006)
    mavhc (12:57 6/7/2006)
      rich (13:23 6/7/2006)
        sa110_mk (14:22 6/7/2006)
          David Buck (15:49 6/7/2006)
            mspggy (19:21 6/7/2006)
              ad (00:50 7/7/2006)
                sa110_mk (07:53 7/7/2006)
                  tribbles (15:14 7/7/2006)
                    rich (15:37 7/7/2006)
                      ad (17:47 7/7/2006)
 
Andrew Duffell Message #94204, posted by ad at 11:16, 6/7/2006
ad

Posts: 3229
Does this has something to do with RISC OS Open Ltd? Are they going to buy out Castle?
  ^[ Log in to reply ]
 
Geoff Lavallin Message #94205, posted by glavallin at 11:36, 6/7/2006, in reply to message #94204
Member
Posts: 39
Reading that Castle have 'exciting new plans for RISC OS'
then I hope new investors have deep pockets.
  ^[ Log in to reply ]
 
Mark Scholes Message #94206, posted by mavhc at 12:57, 6/7/2006, in reply to message #94205
Member
Posts: 660
How much?
  ^[ Log in to reply ]
 
Richard Goodwin Message #94207, posted by rich at 13:23, 6/7/2006, in reply to message #94206
Rich
Webmaster
The Icon Bar

Posts: 6765
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? ;)
  ^[ Log in to reply ]
 
Paul Stewart Message #94208, posted by sa110_mk at 14:22, 6/7/2006, in reply to message #94207
Member
Posts: 144
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!

  ^[ Log in to reply ]
 
David Buck Message #94209, posted by David Buck at 15:49, 6/7/2006, in reply to message #94208
Member
Posts: 7
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.
  ^[ Log in to reply ]
 
mspggy Message #94210, posted by mspggy at 19:21, 6/7/2006, in reply to message #94209
Member
Posts: 4
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%

  ^[ Log in to reply ]
 
Andrew Duffell Message #94211, posted by ad at 00:50, 7/7/2006, in reply to message #94210
ad

Posts: 3229
I have £40.07 because I've just got back from the cash machine, so maybe me at Rich can club together...
  ^[ Log in to reply ]
 
Paul Stewart Message #94212, posted by sa110_mk at 07:53, 7/7/2006, in reply to message #94211
Member
Posts: 144
I can add a £100 to that!
  ^[ Log in to reply ]
 
Jason Tribbeck Message #94213, posted by tribbles at 15:14, 7/7/2006, in reply to message #94212
tribbles
Captain Helix

Posts: 919
How can you get 7p from the cash dispenser?
  ^[ Log in to reply ]
 
Richard Goodwin Message #94214, posted by rich at 15:37, 7/7/2006, in reply to message #94213
Rich
Webmaster
The Icon Bar

Posts: 6765
<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>
  ^[ Log in to reply ]
 
Andrew Duffell Message #94215, posted by ad at 17:47, 7/7/2006, in reply to message #94214
ad

Posts: 3229
Or the seven pence I had left in my wallet before I decided a trip to the cash machine was necessery.
  ^[ Log in to reply ]
 

Acorn Arcade forums: News and features: Castle Up For Grabs