Wynyard Group splits from Jade, mulls capital-raising to support growth

Thu, 17 Jan 2013

By Pattrick Smellie Jan 17 (BusinessDesk) - Christchurch software developer Jade Corp is splitting off its fast-growing intelligence-gathering software arm, Wynyard Group, as a separate entity, with Wynyard likely to be considering options for new capital to support growth by late this year. Jade's managing director since 2009, Craig Richardson, will move to work exclusively at Wynyard, as chief executive, as it pushes into the US market and starts to challenge its parent, Jade, as the larger entity in the group. Richardson would not be d...

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