IGT and Isoftbet: acquisition completed

Home » IGT and Isoftbet: acquisition completed

IGT (International Game Technology) completes the acquisition of the Isoftbet games provider for a figure of $ 160 million.

The negotiation had already been agreed in April of this year, but had not yet been confirmed and ended.

Ma Let's find out this acquisition In the next paragraphs of this article by our experts and professionals in the sector.

What is Isoftbet?

Isoftbet, the company that is now owned by IGT, is a Famous professionalvider software that also boasts a platform used to aggregate third -party games.

Founded in 2008, boast certifications in a multitude of regulated markets including that American with license issued by who, that maltese con licenza mga he was born in United Kingdom With license issued by the British Gambling Commission.

Over the years it has developed over 150 games, all available for both mobile and computer devices.

IGT complete acquisition of isoftbet: the parameters

As mentioned, IGT acquires Isoftbet for A sum of $ 160 million ($ 164 million).

The figure, from what you understand from the agreement, will be entirely paid in cash drawing on the existing funds of the company. With good chance this money derives from Sale of his business relating to proximity payments he made in February in favor of Postepay in USAnull The sold system allows you to make various types of payments including bills, e-voucher, prepaid cards and much more.

With this acquisition IGT increases the number of "IGT Playdigital" games that will come to be 225, but He can also use a proprietary platform for the aggregation and distribution of third -party games.

Declarations on Igt and Isoftbet

For IGT which completes the acquisition of Isoftbet Spected Sadusky Vinces, the CEO of the Company.

These are his words: "Isoftbet acquisition will provide the Playdigital operations of IGT Digital Content owner tested on the market. But also Advanced skills of aggregation of games, scalable promotional tools, analysis and strong talents creative ".

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