Brokat, which purchased GemStone in August last year from SGroup Holdings in an exchange of stock, has sold the company back to SGroup. In the process, GemStone employees, who previously held about 15 percent of the company under SGroup's original ownership, have gained a big chunk of equity. A recent article discusses the changes and their ramifications.
- Posted by: Gregory Peres
- Posted on: September 07 2001 03:28 EDT
Read Brokat purchase, sellback has GemStone recharged.
Great article! It's so good to see these guys on their feet again. I hope to use them again someday.