February 24th, 2010 by Arjan Olsder Posted in Companies & M&A | No Comments »
Just over two weeks ago, we reported that Javaground got into problems as one of their creditors, Myriad, claimed $2 Million and gave the company 10 days to settle their bill.
To generate the money needed, Javaground started to offer their technology, IP and people for sale. Yesterday, Javaground informed us that a few parties have shown their interest, but the company is still looking for other people interested in acquiring bits of the company too.