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 primarily based in Austria, has publicly introduced that it has completed the purchase of 80% of the shares of one of the main Slovenia-based software program improvement firms, Ineor.
Main function of the purchase:
The principal cause for this purchase was Greentube’s goal to amass and combine essential software program improvement capacities and belongings to strengthen its personal providing world wide.
But that’s not all; since Ineor is already a know-how accomplice of Greentube and with its assist, the corporate has been capable of advance software program improvement, this acquisition will even convey Greentube the newest on-line gaming and sports wagering know-how to its providing.
Commenting on the acquisition, Michael Bauer, CFO/CGO at Greentube, stated: “This acquisition is a unbelievable one as we proceed to bolster our know-how platform in what will likely be a really large yr for us strategically. Ineor has been a extremely valued accomplice for a quantity of years and it’s nice to have the ability to harness its assets in-house.
“Having recently launched Greentube Mynt as well as making other significant moves in the M&A space, we are well-positioned to accelerate our growth throughout 2023 across regulated markets worldwide.”
Dejan Spasovski, founder of Ineor, added: “For over a decade, Ineor commonly delivered Greentube’s and Novomatic ’s key strategic options, collectively constructing our superb, function mannequin partnership – and now attaining this essential milestone for us all.
By always technically difficult us, Greentube uplifted Ineor to turn out to be a world main gaming software program improvement firm, at all times staying not less than a step forward and delivering on time, on funds and with zero bugs.
We are excited to have turn out to be an element of the Greentube household by means of this acquisition, which is able to permit us to proceed to energy one of the net gaming world’s greatest firms by offering superb options for all operators and gamers globally.”
This newest purchase comes after three different related offers which have ensured Greentube is unmatched in know-how and creativity.
Examples of these offers are: the latest purchase 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 contemporary, cutting-edge content material for North American regulated markets.
However, even earlier than these offers, there was a purchase settlement with Present Creative, a famend US-based improvement studio which was engaged in its personal content material improvement for the iGaming and iLottery sections.
All these offers occurred as a result of Greentube proved to be a worthy accomplice who can provide the newest know-how and assist all these firms turn out to be globally recognized.
But what actually sealed these offers was Greentube’s fixed technological improvement. 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 device for creating and offering video games, Greentube Mynt.
Powered by a non-traditional Remote Gaming Server (RGS), Greentube Mynt represents the longer term of the iGaming trade and the bottom for a next-level iGaming expertise for gamers.
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 improvement places of work world wide. The firm is based in 1998, however after going by means of a number of name-change phases, the corporate title is formally established in 2011, after their acquisition by Astra Games, a NOVOMATIC owned firm.
Headquartered in Ljubljana, Slovenia, Ineor is one of the main laptop programming firms, with a specific curiosity in recreation software program improvement.
It at present offers superior software program improvement companies and non-traditional essential digital options for varied world organizations.