In 2007 NanoTech Entertainment was formed to focus on the coin-op and casino gaming markets. NanoTech built an innovative coin-op racing game, Xtreme Rally Racing. That was followed by the development of its Digital Pinball machine, Multi-Pin. NanoTech also released the Pinball Wizard and Mot-Ion Controller for the consumer gaming market.
In June of 2009 Aldar Group acquired the assets of NanoTech Entertainment and hired the NanoTech founders and staff. The horse racing unit was subsequently shut down and the company name was changed to NanoTech Entertainment, and the ticker symbol was changed to NTEK. The NanoTech Entertainment private company was dissolved.
Looking to expand the companies focus and create multiple business units, NanoTech Gaming Labs LLC was formed in May 2011, as a wholly owned subsidiary of NanoTech Entertainment, with a focus on the gaming products of the company.
In January, 2012, NanoTech Entertainment entered into a share exchange agreement and formed a partnership to focus on digital media and IPTV with a newly formed media company. This business unit, NanoTech Media Corporation develops and publishes technology for the emerging IPTV market for platforms including Roku and Apple TV. NanoTech Media publishes original content, licenses and broadcasts licensed content, and develops and licenses proprietary TV technology to third parties.
In April, 2012, NanoTech Entertainment entered into a share exchange agreement and formed a partnership to focus on the mobile app space with a newly formed communications company. This business unit, NanoTech Communications Corporation, develops and publishes technology and applications for the smartphone industry including iPhone, Android and Blackberry. This business unit publishes original apps, licenses and distributes licensed apps, and develops and licenses proprietary mobile technology to third parties.
In May 2012, NanoTech Entertainment entered into a share exchange agreement to acquire Clear Memories, an event production company that has proprietary manufacturing hardware and software.
In July 2013, NanoTech Entertainment entered into a purchase agreement to acquire Magic Screen 3D, a glass-free 3D visualization company with hardware and software assets.
In September 2013, NanoTech Entertainment created 4K Studios, a wholly owned subsidiary focused on the conversion of existing media and the creation of original materials in 4K Ultra HD for next generation video playback.
About ALDAR GROUP
In 2004 Aldar Group was formed to focus on breeding and racing of Thoroughbred racehorses. In February 2008 Aldar Group went public under the Symbol ALDJ.