MGT Capital Investments (MGT -3.3%) sells its portfolio of medical imaging patents to a major...

|About: MGT Capital Investments Inc (MGT)|By:, SA News Editor

MGT Capital Investments (MGT -3.3%) sells its portfolio of medical imaging patents to a major Asian conglomerate for around $1.5M, thereby transitioning it to a company focused soley on internet and mobile gaming. The company expects to deploy the funds in the skill-based gaming space at present, while its board considers other avenues to enhance shareholder value.