Playtech PLC Playtech completes acquisition of ACM assets (3909S)
02 October 2017 - 7:53PM
UK Regulatory
TIDMPTEC
RNS Number : 3909S
Playtech PLC
02 October 2017
Playtech plc
('Playtech' or 'the Company')
Playtech completes acquisition of ACM assets
Playtech (LSE: PTEC) today announces that it has completed the
acquisition of technology, intellectual property and certain
customer assets (together 'the assets') from ACM Group Limited
(known in the industry as 'Alpha' or 'ACM').
As a result of the acquisition of the assets a team from Alpha
joined the TradeTech Group creating the brand TradeTech Alpha.
TradeTech Alpha will deliver a bespoke risk management and trading
solution to B2B customers.
- Ends -
For further information, contact:
Playtech plc
Ron Hoffman, TradeTech
Chief Executive Officer
Neil Offord, TradeTech +44 (0) 20 7466 5000
Chief Financial Officer
c/o Buchanan Communications
James Newman, Head of
Investor Relations +44 (0)1624 645954
Buchanan Communications
David Rydell +44 (0) 20 7466 5000
About Playtech
Playtech is a market leader in the gambling and financial
trading industries. Founded in 1999 and listed on the Main Market
of the London Stock Exchange (LEI code: 21380068TTB6Z9ZEU548),
Playtech has c. 5,000 employees in 17 countries.
Playtech is the gambling industry's leading software and
services supplier with more than 130 licensees globally, including
many of the world's leading regulated online, retail and mobile
operators, land-based casino groups, government sponsored entities
such as lotteries, and new entrants opening operations in
newly-regulated markets. Its business intelligence-driven gambling
software offering includes casino, live casino, bingo, poker and
sports betting.
It is the pioneer of omni-channel gambling which, through
Playtech ONE, offers operators and their customers, a seamless,
anytime, anywhere experience across any product, any channel
(online, mobile, retail) and any device using a single account and
single wallet. It provides marketing expertise, sophisticated CRM
solutions and other services for operators seeking a full turnkey
solution.
Playtech's Financials division operates both on a B2C and B2B
basis. Its B2C focused offering is an established and growing
online CFDs broker, operating the brand markets.com. Its B2B
offering includes the division's proprietary trading platform, CRM
and back-office systems, as well as its liquidity technology
platform which provides retail brokers with multi-asset execution,
prime brokerage services, liquidity and complementary risk
management tools.
www.playtech.com
This information is provided by RNS
The company news service from the London Stock Exchange
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