Message: Chimera and Pegasus working closely together
Chimera and Pegasus working closely together
posted on
Oct 10, 05 12:15PM
Chimera and Pegusus have indeed been working very closely for over a year. with the finalization of the Master and Exclusive license behind them, it is obvious that Chimera has partnered with Pegasus due to their vast expertise and knowledge of the European and Africa gaming markets. This strategy is already paying off handsomely with several lincensees already signed since July. Keep in mind that Pegasus has taken the MO of Chimera and utilizes both the software and infrastructure components provided by Chimera. Pegasus and Chimera is a win win relationship. Pegasus gets proven software and infrastructure support to allow them the ability to utilize their territorial knowledge and marketing expertise to ramp up quickly and Chimera gets the partner needed for marketing and management required to place licensees quickly and efficiently, thereby allowing Chimera to focus on their core competencies of continued software and infrastructure development. Keep in mind that Chimera has several licensees prior to the Pegasus agreement that are up and running what appears to be very good initial numbers. I believe Chimera is supporting very strongly the efforts of Pegasus and has cooled its PR to allow Pegasus to take hold and roll. I believe this strategy is somewhat unsettling to Chimera investors right now, however, it is a good strategy and should work to the benefit of both concerns in the near and long term. I believe we have a WIN WIN here. Good synergies can indeed favor both and lead to mutual growth. Keep rolling Pegasus.
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