Igt Combines Intellectual Property Rights On Casino Management Systems For Modulus Sarl
International game technology (igt) announced that its subsidiars igt europe bv., igt austria gmbh, and igt germany gaming gmbh (igt) enered into a strategic agreectual property of its centralized management systems (cms) casino galaxis and system2go company modulus sarl ("modulus").
Agreement operating from december 18, 2020., allows modulus to commercialize and distribute the existing galaxis, system2go and igt toolkit with the relevant outdated equipment among modulus customers in all territories, with the exception of north america. Modulus will also be able to develop the source code for these products and will provide current maintenance services to existing galaxis and system2go customers.
Willie de store, president modulus, said:
"Thanks to the decades of verified igt experience in casino systems, galaxis and system2go solutions earned a solid reputation as decisions that increase the efficiency of international clients and enhancing players involvement. The range of flexible galaxis modules is easily integrated with system2go, affordable and scalable cms, suitable for single and multilateral playgrounds that do not require significant investments in it infrastructure and extensive learning for work.
These decisions are an important strategic addition to our products portfolio, and system2go will still be a particularly frequent choice for small, economical international operators. ".
Mark makkomby, vice-prasident igt for sales and operations in the emea region, noted:
"As a supplier of the most advanced system solutions in the industry, igt decided to exclusive license ip of its successful inherited solutions of galaxis and system2go for modulus to eliminate the duplication of efforts and resources needed to manage multiple cms sets. This will focus on developing, deploying and servicing customers of our innovative igt advantage cms content management system and related products, including our industry-leading resort wallet and igtpey solutions for mobile non cash payments.
Igt and modulus jointly developed a reliable transition plan, which ensures that current galaxis and system2go clients will continue to freely receive high-quality service, maintenance and support to which the are used to ".
The transaction is subect to normal closing conditions, including the approval of regulatory authorities.
Source: official igt website