Zattikka has officially entered administration

Craig Chapple
Zattikka has officially entered administration

Zattikka has entered administration after struggling to pay off its debts.

Last month the firm revealed it was struggling to meet a loan payment of £275,000 to developer Hattrick, and was given a deadline of August 2nd to make the payment. 

As a result of some subsequent the sales the firm says it has reduced its debts by approximately $14.5 million, and has resolved its loan payments of 6.4 million euros and interest to Hattrick.

MCV's closest online brethren Develop has more details.

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Tags: cloud , Digital , streaming , administration , zattikka

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