Looking to expand its product line, particularly in the server-based gaming platform development, International Game Technology (IGT) has reached out to a small firm in Connecticut to add more substance to the newly developed procedure.
IGT announced on Monday that it had entered into agreements to facilitate the development and introduction of certain Walker Digital casino innovations into the IGT product line, particularly with respect to IGT’s new server-based gaming platform.
As part of the new relationship, IGT has purchased a minority equity interest in Walker Digital’s gaming subsidiary.
Walker Digital LLC, formed in 1994 by Jay Walker in Stamford, Conn., has created one of the world’s largest private portfolios of technology-centric intellectual property comprising approximately 800 issued and pending U.S. and international patents.
Although the Walker Digital patents involve products from a large range of industries, one of the company’s successes has been in the gaming field.
"IGT is focused on serving our customers, both casinos and players," said TJ Matthews, company CEO who made the Walker Digital announcements.
"We believe this relationship with Walker Digital will add value to this focus. These agreements provide us with access to an intellectual property portfolio focused on the creative use of networks within the casino, with a particular emphasis on player preferences.
"Walker Digital’s portfolio is complementary to IGT’s own extensive portfolio and we are very excited about the potential this relationship presents," he said.
Jay Walker added that he believes "the networks inside casinos can be used in imaginative and powerful ways and (we) have invented and innovated new systems to realize these possibilities."