Greentube, the digital gaming and leisure division of NOVOMATIC, has acquired nearly all of shares in Alteatec, the market-leading iGaming administration system provider and platform supplier.
Strengthening the infrastructure:
Following the phrases of the settlement, Greentube Austria will take over a significant stake within the Malta-based IT firm to strengthen its B2B infrastructure and use Alteatec’s main iGaming expertise Olympus One to bolster its administration system and platform choices. Olympus One is a state-of-the-art system that provides Bonus Engines, Duel Tournaments, and different gamification instruments, but additionally realizes a brand new idea of connecting the web world with land-based casinos and participant lounges by way of the brand new Landbased Connection and Companion modules.
Thomas Graf, CEO at Greentube, mentioned: “I’m delighted to start out 2023 in such momentous vogue. Alteatec is a market chief in iGaming expertise and with the ability to make the most of its proficient and skilled group goes to be game-changing for Greentube going ahead.”
Complete options out there:
Greentube can even use the supplier’s award-winning content material portfolio, in addition to Alteatec’s key stay vendor streaming and voiceover expertise to bolster its fame as a main content material provider to the iGaming business. The newest deal will due to this fact lead to Greentube’s functionality to mix Alteatec expertise with the NOVOMATIC digital desk video games expertise, Novo Unity, to offer complete offline and on-line options.
Most popular gaming supplier:
The acquisition additionally contains the project of the managing director’s place in Alteatec to Greentube CEO Thomas Graf and COO Georg Gubo, who will handle Alteatec along with its present MD Christian Sael. The corporate, established in Austria in 2001, has constructed a powerful fame as a worldwide provider of progressive options within the iGaming discipline. Its fundamental product, Olympus One, a prestigious iGaming administration system within the business – in addition to different key options – has made Alteatec the popular supply for the growing rely of operators.
Christian Sael, Managing Director at Alteatec, added: “Greentube is an organization that wants no introduction, so to develop into a part of that storied model really is an honor. We’re all extremely enthusiastic about this partnership and we are able to’t wait to get to work, delivering all of the companies we’re acknowledged for to be able to assist the corporate develop.”
Taking operations to subsequent degree:
Alteatec’s beautiful portfolio of services and products will now be acquired by Greentube, the gaming, and leisure division of NOVOMATIC, one of many largest worldwide producers and operators of gaming applied sciences. This announcement is the most recent in a streak of high-profile mergers and acquisitions of the Austria-based firm because it continues to broaden its foothold throughout regulated markets across the globe.
Georg Gubo, COO at Greentube, mentioned: “It’s extremely satisfying watching the enterprise develop, particularly once we’re bringing in a few of the greatest expertise from all over the world by way of this acquisition. Alteatec’s expertise will quickly improve our general output, taking us to the following degree.”
