Not meaning a hostile takeover, just the decision to bring on partners due to financial constraints is my guess, with the ultimate plan to exit eventually, so I am in agreement with your big picture view of him seeking to cash out part of his ownership position.

In these economic times the advantage usually goes to the buyer or investor, not the one divesting, imo. It's a buyers market.

Regardless, it will be more than interesting to see if they spin off digecor or continue to drag it along.

This could be an opportunity for EDIG to get involved on the service side with the new partner brokering the deal to allow BOW to save face.