Everi Holdings has agreed to get certain strategic property and mental residence (IP) from Atlas Gaming, with the offer expected to go forward inside of the next 60 days.
The acquisition will include a array of recreation growth know-how, IP of proprietary gaming goods and written content, and will enhance Everi’s present recreation growth 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 extend further more into new worldwide markets.
Dean Ehrlich, Executive Vice President and Video games Business enterprise Chief, Everi, commented: “We are energized to welcome members of the talented and experienced Atlas group to Everi. We glance ahead to Atlas’ match developers and engineers bringing a worldwide standpoint that will assistance us execute a a lot more robust solution roadmap, and aid our growth technique of delivering best-in-class material.
“This transaction strengthens Everi’s progress capabilities, and will even further bolster the upcoming expansion and differentiation of our gaming products and solutions. We assume to leverage the Atlas progress workforce and procured assets to deliver more authentic articles for our current client foundation.”
Everi Holdings, shaped in 2015 through a merger of monetary solutions firm World-wide Funds Access and gaming provider Multimedia Game titles, processes in excessive of 100 million income transactions for every calendar year.
It features its buyers a suite of financial companies resources to permit secure transactions, can make credit score and debit transactions far more economical and helps shield towards cash-laundering.
By means of its entertainment division, the corporation also develops gaming articles by using its a few studios, as perfectly as gaming techniques and cupboards.