Everi Holdings has agreed to get particular strategic assets and intellectual home (IP) from Atlas Gaming, with the offer expected to go in advance inside of the up coming 60 days.
The acquisition will involve a array of activity growth technological innovation, IP of proprietary gaming solutions and information, and will complement Everi’s current sport improvement studios and portfolio of titles. As portion of the acquisition, Atlas’ engineering and growth staff members will be part of Everi. The deal also paves the way for the company to grow further more into new global marketplaces.
Dean Ehrlich, Executive Vice President and Games Company Chief, Everi, commented: “We are enthusiastic to welcome users of the gifted and knowledgeable Atlas group to Everi. We glimpse forward to Atlas’ sport developers and engineers bringing a global viewpoint that will support us execute a far more robust item roadmap, and assistance our advancement tactic of delivering best-in-class content.
“This transaction strengthens Everi’s improvement capabilities, and will even more bolster the long term expansion and differentiation of our gaming goods. We expect to leverage the Atlas progress team and acquired property to supply far more authentic information for our current consumer base.”
Everi Holdings, fashioned in 2015 by means of a merger of monetary providers firm Worldwide Cash Accessibility and gaming supplier Multimedia Video games, procedures in excess of 100 million funds transactions per calendar year.
It provides its prospects a suite of money products and services applications to enable protected transactions, can make credit score and debit transactions much more productive and helps defend versus funds-laundering.
Via its amusement division, the company also develops gaming content material by using its a few studios, as very well as gaming programs and cabinets.