MGT Capital Investments, Inc. announced that it has entered into a definitive asset purchase agreement to acquire certain technology and assets from Demonsaw LLC. In conjunction with the anticipated acquisition, MGT announced the proposed appointment of Eric J. Anderson as Chief Technology Officer upon closing of the transaction. Mr. Anderson, who is well known as 'Eijah' in the hacker community, is the founder of Demonsaw. For the past five years he was an Associate Technical Director and Lead Programmer for Rockstar Games where he architected core engine and artificial intelligence code for Grand Theft Auto. Before that Eric was Lead Programmer for Guitar Hero 6 at Activision and also served as Portfolio Architect of Security at American Express.