Another NZ tech company to be sold offshore?

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Another NZ tech company to be sold offshore?

Postby aardvark_admin » Fri May 29, 2020 12:57 pm

It seems as if Rakon shareholders are keen on selling the company, which was once the poster-boy for hi-tech in NZ, to overseas investors.

Surely they can't do that until the government gives them a big, fat, non-repayable "grant" of some kind worth tens of millions of dollars?

That seems to be how it has worked all to often in the past isn't it?

https://i.stuff.co.nz/business/industri ... -investors
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