International Game Technology (IGT) says it has “acquired some operating assets” of Progressive Gaming International Corporation (PGIC), a major supplier of gaming security equipment in Macau and other markets.
IGT gave only brief details of the deal, which it said was completed last Tuesday. IGT added though that the global operations of PGIC will be integrated with IGT’s respective offices in Europe, Asia, Australia, Latin America, Canada and the US.
“We are very excited about the opportunity that this transaction provides to IGT”, said Rich Schneider, IGT’s Executive Vice President of Product Strategy.
“The PGIC system product line is designed for somewhat different market segments as compared to our current IGT Advantage(R) line. As such, the technology is an ideal complement to our current offering,” added Mr Schneider.
International Game Technology is a global company specialising in the design, development, manufacturing, distribution and sales of computerised gaming machines and systems products.