NEW YORK--Hans Pandeya, the Swedish businessman whose attempts to acquire The Pirate Bay last year collapsed amid controversy, is giving digital media another try.
Pandeya, who attended this week's Digital Music East Forum here, said Thursday he's busy creating a base in Boston for his U.S. operations. Asked whether he was still interested in The Pirate Bay, Pandeya said, "I have a lot of secret plans I'm working on."
As for why he was at a digital music conference, Pandeya would only say that his plans include digital media. Last year, Pandeya, CEO of Sweden's Global Gaming Factory, a software maker and operator of Internet cafes, rocketed out of obscurity by announcing he would spend $8 million to acquire The Pirate Bay, one of the world's most popular BitTorrent search engines. The site is often used to find and eventually download unauthorized copies of films and other copyrighted content.
At the music conference, Pandeya appeared relaxed and less hunted than he did last year during press conferences, when he was surrounded by skeptical reporters who demanded he explain the peculiarities that surrounded his acquisition attempt.
Back then, Pandeya said he had investors but wouldn't identify them. When these mysterious investors apparently backed out, he said he had his own money to complete the transaction. Then, the government seized his boat, motorcycle, and other assets to pay off tax bills.
The deadline for The Pirate Bay acquisition came and went without a deal being completed. If Pandeya manages to launch a successful operation in the U.S. or indeed does acquire The Pirate Bay, it will rank among the most unlikely tech comebacks in some time.