Playtech, the international designer, developer and licensor of software and services for the online, mobile, TV and land-based gaming industry, has entered into an agreement with global content and systems provider Aristocrat Leisure Limited to acquire Aristocrat Lotteries for €10.5 million in cash, subject to certain adjustments and satisfaction of closing conditions. It is anticipated that closing will occur shortly.
Aristocrat Lotteries is a leading supplier of server-based-gaming and online client server solutions for interactive video terminals in both Norway and Italy. Its TruServ™ platform is well-established and accredited for the Italian market.
Once complete, the acquisition will position Playtech’s land-based operation as one of the leading suppliers of…