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Monday, January 12, 2015 4:43:05 PM
n June of 2009 Aldar Group acquired the assets of NanoTech Entertainment and hired the NanoTech founders and staff. The horse racing unit was subsequently shut down and the company name was changed to NanoTech Entertainment, and the ticker symbol was changed to NTEK. The NanoTech Entertainment private company was dissolved.
Looking to expand the companies focus and create multiple business units, NanoTech Gaming Labs LLC was formed in May 2011, as a wholly owned subsidiary of NanoTech Entertainment, with a focus on the gaming products of the company.
In January, 2012, NanoTech Entertainment entered into a share exchange agreement and formed a partnership to focus on digital media and IPTV with a newly formed media company.
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