All firm’s assets acquired by investors

Kobetron receives strategic investment

2014-03-12
Reading time 43 seg
(US).- Kobetron, an Ohio corporation, has completed a strategic capital transaction with private investors. The private investors, James Maida and Paul Magno, have acquired all of Kobetron’s assets of and will continue to operate under the name Kobetron.

Greg Kobe will remain at Kobetron as President and will continue to provide strategic direction for the company. All Kobetron’s operations will be consistent with Kobetron prior to the strategic investment. The firm will be managed and operated as an independent company focused on providing services to the gaming industry.

The injection of new capital will allow Kobetron to receive additional strategic support to enhance its product development, sales distribution, customer support and other strategic-related capital capabilities. The strategic investment positions Kobetron to provide enhanced services to regulators, suppliers and operators.

“This is a historically important strategic opportunity for Kobetron and for the customers we serve in the global gaming industry. With the infusion of capital, we will have a renewed intense focus on improvements in customer service globally and on new product development. This is a very exciting time for our company,” said Kobe.

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