Everi Holdings has agreed to get certain strategic property and mental house (IP) from Atlas Gaming, with the deal predicted to go ahead within the following 60 days.
The acquisition will contain a array of sport progress engineering, IP of proprietary gaming products and solutions and information, and will complement Everi’s existing activity enhancement studios and portfolio of titles. As section of the acquisition, Atlas’ engineering and improvement staff members will be part of Everi. The deal also paves the way for the firm to broaden further into new global marketplaces.
Dean Ehrlich, Executive Vice President and Video games Enterprise Chief, Everi, commented: “We are thrilled to welcome members of the proficient and expert Atlas crew to Everi. We appear forward to Atlas’ match builders and engineers bringing a world perspective that will help us execute a extra robust item roadmap, and support our growth approach of offering very best-in-class information.
“This transaction strengthens Everi’s growth capabilities, and will more bolster the long term expansion and differentiation of our gaming merchandise. We be expecting to leverage the Atlas growth workforce and acquired property to offer extra original articles for our recent purchaser foundation.”
Everi Holdings, fashioned in 2015 via a merger of economical solutions business World wide Cash Accessibility and gaming supplier Multimedia Games, procedures in extra of 100 million hard cash transactions per calendar year.
It features its buyers a suite of economic providers resources to empower protected transactions, helps make credit score and debit transactions far more productive and helps safeguard from cash-laundering.
As a result of its entertainment division, the organization also develops gaming articles via its a few studios, as effectively as gaming techniques and cabinets.