NanoTech has acquired Worldwide Global Entertainment: stakes and opportunity.

With this acquisition, NanoTech wants to share and develop its vision of television. So following the months of negotiations, today, NanoTech Media Division has announced that it has entered into an agreement to acquire Silicon Valley based Worldwide Global
Entertainment.  According to the terms of agreement:

·        the acquisition is effective immediately,

·         the worldwide staff will join the NanoTech Media division ,

·        Pete Crowley, will immediately take a position as Vice President of Sales for NanoTech Media ,

·        Peter Riordan, CFO of Worldwide, will join NanoTech as Vice President of Strategic Planning.

 “Worldwide’s management team brings a wealth of experience and contacts to NanoTech. Given our continued expansion in the home entertainment space, having a team of seasoned veterans join us to help expand our library of unique content is a welcome addition to the team. Worldwide has been working on several great products that will fit nicely in our lineup.” Jeffrey A. Foley, NanoTech CEO

About NanoTech Entertainment

Headquartered in San Jose, CA, NanoTech Entertainment is a technology company that focuses on all aspects of the entertainment industry. With five technology business units, focusing on 3D, Gaming, Media & IPTV, Mobile Apps, and Manufacturing, the company has a unique business model. The company has a diverse portfolio of products and technology.