Wednesday, February 01, 2006

High-tech entrepreneur plans to take video games to new levels

With $176.5 million in his pocket, Henk Rogers is starting three new high-tech companies that he hopes will help usher in a new era of gaming and connectivity for the masses.
Last April the Hawaii entrepreneur sold his mobile phone video game company, Blue Lava Wireless, to industry leader Jamdat for $137 million -- half in cash and the other half in stock. Last month Jamdat announced it was being acquired by video game powerhouse Electronic Arts in a deal that will earn Rogers, 51, an extra $108 million for his stock in Jamdat. Add that to the $68.5 million in cash he earned in April and Rogers has made $176.5 million in less than a year.
Once Jamdat's sale to Electronic Arts is completed, Rogers will leave and begin building his three new companies.

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