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IGT completes acquisition of Cyberview Technology

Jul 9, 2008 7:50 PM

Staff & Wire Reports | In a move designed to strengthen its position in the server-based gaming market, International Game Technology (IGT) announced today that it has completed the previously announced purchase of substantially all of the assets of Cyberview Technology, Inc.

The acquisition was approved by Cyberview’s shareholders on July 4.

In addition, IGT said that it has executed the also previously announced license agreement with Cyberview. That agreement provides IGT access to certain Cyberview patents and technology not included in the asset purchase.

International Game Technology is a global company specializing in the design, development, manufacturing and sales of computerized gaming machines and network system products.

Cyberview Technology is among the industry leaders in the burgeoning server-based gaming (SBG), which is expected to revolutionize slot floors in the years ahead.

Get complete details of this story in next week’s GamingToday, beginning Tuesday, July 16