IGT and Greentube Sign Patent Cross-Licensing Agreement for Remote Game Server
Combined Remote Game Server patent portfolio offers compelling technologies for digital and social gaming
Remote Game Server patents can be sublicensed to third parties to advance innovation in the gaming industry
International Game Technology PLC (NYSE:IGT) ("IGT") and Greentube, the NOVOMATIC Digital Gaming and Entertainment division, ("Greentube") today announced that they have signed a patent cross-licensing agreement that includes valuable patents related to remote game server (RGS) technologies for providing games over a network. With the execution of this agreement, IGT can offer the global gaming industry a patent license to the combined RGS portfolios of IGT and Greentube. Financial terms of the agreement have not been disclosed.
"This agreement continues the spirit of collaboration and innovation that IGT seeks to foster in our industry," said Renato Ascoli, IGT CEO Global Gaming. "We look forward to providing the entire gaming industry with the opportunity to license the combined RGS portfolios of IGT and Greentube which cover compelling technologies for delivering games to customers wherever they play."
"We are very pleased to reach this significant intellectual property agreement with IGT, as Greentube continues to expand its premium gaming products and solutions," said Thomas Graf, Greentube CEO. "The combined RGS portfolios of Greentube and IGT are truly state-of-the-art, representing a combined prowess and gaming industry leadership that is well-positioned to fuel continued success."
Both companies will continue in their efforts to protect their intellectual property, individually and through collaborations with gaming industry developers and suppliers, in an effort to advance innovation and excitement in the gaming market.
About IGTIGT (NYSE:IGT) is a global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 10,500 employees. For more information, please visit www.igt.com.
About GreentubeStep inside the "Home of Games" with Greentube, delivering safe and secure casino entertainment to players around the world. As the NOVOMATIC Digital Gaming and Entertainment division, Greentube offers a diversified portfolio of Video Slots, Table Games, AWP Reloaded Slots, Server-Based Gaming, Social Casino Gaming, Video Bingo and more. Greentube's Omni-channel technology is at the forefront of gaming innovation and converges online, mobile and land-based gaming.
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IGT ContactsPhil O'Shaughnessy, Global Communications, toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (401) 392-7452Francesco Luti, Italian media inquiries,+39 06 5189 9184James Hurley, Investor Relations, +1 (401) 392-7190
Greentube ContactBernadett NagyHead of Corporate Marketing & PRGreentube GmbHPhone: +43 1 90 firstname.lastname@example.org
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SOURCE International Game Technology PLC