Greentube, a number one provider and developer of video games and gaming options for flash web video games with out downloads, iTV and cellular supply based mostly in Austria, has publicly introduced that it has accomplished the acquisition of 80% of the shares of one of many main Slovenia-based software program growth corporations, Ineor.
Important function of the acquisition:
The principle motive for this buy was Greentube’s purpose to amass and combine necessary software program growth capacities and belongings to strengthen its personal providing world wide.
However that’s not all; since Ineor is already a know-how associate of Greentube and with its assist, the corporate has been capable of advance software program growth, this acquisition may also convey Greentube the newest on-line gaming and sports activities wagering know-how to its providing.
Commenting on the acquisition, Michael Bauer, CFO/CGO at Greentube, stated: “This acquisition is a implausible one as we proceed to bolster our know-how platform in what shall be a really huge yr for us strategically. Ineor has been a extremely valued associate for various years and it’s nice to have the ability to harness its sources in-house.
“Having not too long ago launched Greentube Mynt in addition to making different vital strikes within the M&An area, we’re well-positioned to speed up our development all through 2023 throughout regulated markets worldwide.”
Dejan Spasovski, founding father of Ineor, added: “For over a decade, Ineor usually delivered Greentube’s and Novomatic ’s key strategic options, collectively constructing our wonderful, function mannequin partnership – and now reaching this necessary milestone for us all.
This newest buy comes after three different comparable offers which have ensured Greentube is unmatched in know-how and creativity.
Examples of those offers are: the latest buy of Alteatec’s 65% shares, which powered Greentube’s on line casino administration system and platform know-how, and a partnership with fast-growing studio Flamingocatz to debut a joint firm that may contribute to the event of recent, cutting-edge content material for North American regulated markets.
Nevertheless, even earlier than these offers, there was a purchase order settlement with Current Inventive, a famend US-based growth studio which was engaged in its personal content material growth for the iGaming and iLottery sections.
Greentube Mynt:
All these offers occurred as a result of Greentube proved to be a worthy associate who can supply the newest know-how and assist all these corporations change into globally recognized.
However what actually sealed these offers was Greentube’s fixed technological growth. An instance of that is that not even the primary month has handed because the starting of this new yr, and the supplier has already launched its progressive newest technological instrument for creating and offering video games, Greentube Mynt.
Powered by a non-traditional Distant Gaming Server (RGS), Greentube Mynt represents the way forward for the iGaming trade and the bottom for a next-level iGaming expertise for gamers.
About:
Greentube, a number one provider and creator of video games and gaming options for no obtain flash web video games, iTV and cellular supply, relies in Austria, with growth places of work world wide. The corporate is based in 1998, however after going by way of a number of name-change phases, the corporate title is formally established in 2011, after their acquisition by Astra Video games, a NOVOMATIC owned firm.
Its large, quick rising gaming portfolio consists of titles resembling The Alchemist, Ramses II and Mermaid’s Pearl.
Headquartered in Ljubljana, Slovenia, Ineor is without doubt one of the main laptop programming corporations, with a specific curiosity in recreation software program growth.
It at the moment offers superior software program growth providers and non-traditional essential digital options for varied world organizations.
