Greentube finalizes purchase of 80% of Ineor’s shares

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 corporations, Ineor.

Main objective of the purchase:

The predominant motive for this purchase was Greentube’s purpose to accumulate and combine necessary software program improvement capacities and belongings to strengthen its personal providing all over the world.

But that’s not all; since Ineor is already a know-how associate of Greentube and with its assist, the corporate has been in a position to advance software program improvement, this acquisition may also carry Greentube the newest on-line gaming and sports wagering know-how to its providing.

Commenting on the acquisition, Michael Bauer, CFO/CGO at Greentube, mentioned: “This acquisition is a incredible one as we proceed to bolster our know-how platform in what might be a really large 12 months for us strategically. Ineor has been a extremely valued associate for a quantity of years and it’s nice to have the ability to harness its assets in-house.

“Having not too long ago launched Greentube Mynt in addition to making different important strikes within the M&An area, we’re well-positioned to speed up our development all through 2023 throughout regulated markets worldwide.”

Dejan Spasovski, founder of Ineor, added: “For over a decade, Ineor frequently delivered Greentube’s and Novomatic ’s key strategic options, collectively constructing our superb, function mannequin partnership – and now reaching this necessary milestone for us all.

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 current 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 recent, 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.

Greentube Mynt:

All these offers occurred as a result of Greentube proved to be a worthy associate who can provide the newest know-how and assist all these corporations turn out to be globally identified.

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 for the reason that starting of this new 12 months, and the supplier has already launched its revolutionary newest technological instrument 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.

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, is predicated in Austria, with improvement workplaces all over the world. The firm is based in 1998, however after going by means of a number of name-change phases, the corporate identify is formally established in 2011, after their acquisition by Astra Games, a NOVOMATIC owned firm.

Its big, quick rising gaming portfolio consists of titles reminiscent of The Alchemist, Ramses II and Mermaid’s Pearl.

Headquartered in Ljubljana, Slovenia, Ineor is one of the main laptop programming corporations, with a selected curiosity in sport software program improvement.

It presently supplies superior software program improvement providers and non-traditional vital digital options for varied international organizations.