Slots Provider Acquisition Confirmed by Playtech Between Online Bingo Specialists, Eyecon
The $62.2 million acquisition between Playtech and slots software supplier Eyecon has been confirmed. Eyecon is a renowned slots provider that was founded in 1997/ They are established with its own remote gaming server and provides slot content to major brands such as Playtech’s bingo network and 888.
Playtech said in a statement that they will position itself in the UK market and will boost its distribution network adding Eyecon’s content. Scott Murray, Eyecon’s Founder will stay with the company for at least three years as part of the agreement. Scott Murray said,
“I am delighted that Eyecon will be joining the Playtech family. Integrating Eyecon’s specialist games and software with Playtech’s distribution power will allow us to penetrate new markets and retain our standard of best-in-class content. We look forward to building upon Eyecon’s reputation for delivering gaming excellence and taking the next step in development with Playtech.”
Chief Executive of Playtech, Mor Weizer added to Murray’s comments saying,
“Eyecon adds premium quality games to Playtech’s stable of industry leading content. We look forward to working with the Eyecon team who will bring robust technology and further industry expertise to the Playtech family. This acquisition is the latest in our strategy to acquire bolt-on technology and content in our key gaming markets, providing Playtech with even greater penetration and reach, as well as bringing additional regulated revenues to Playtech.”