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DELRAY BEACH, Fla., May 11, 2021 /PRNewswire/ TCI Acquisition Company, Inc. (dba TCI Entertainment), a technology holding company focused on gaming and e-Commerce technology software, is excited to announce the acquisition of a patented e-Commerce gaming platform. The acquisition of assets from a Florida State Court Receivership, which was approved by the Court in Palm Beach County, Florida, was independently valued at $10,757,000 in a stock and cash transaction. The timing was perfect all the way around. TCI Entertainment was searching for a great investment opportunity and was introduced to the technology opportunity by the Court-Appointed Receiver, James D. Sallah. Through the hard work of all the legal teams involved throughout the entire process and including overcoming any COVID-19 delays, we finally were able to close the transaction, stated by Vince D Antonio, Corporate Counsel.
TCI Entertainment Board Announces Appointment of Howard Donaldson
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DELRAY BEACH, Fla., May 7, 2021 /PRNewswire/ TCI Acquisition Company, Inc. (dba TCI Entertainment), a company focused on gaming and e-Commerce technology software, welcomes Howard Donaldson as the new Director to its board.
Donaldson joins TCI Acquisition s board with extensive experience in the gaming industry including leadership positions held in companies such as Disney Interactive and Electronic Arts. I m extremely excited about TCI s recent acquisition of patented technology that not only directly connects the $159 billion gaming industry with the $10 trillion eCommerce market but could add additional licensing opportunities through its unique Game-Commerce IP, says Donaldson.