M&A Deal Summary

CompaxDigital Acquires i-new

On January 12, 2024, CompaxDigital acquired communications company i-new from Novomatic AG

Acquisition Highlights
  • This is CompaxDigital’s 1st transaction in the Communications sector.
  • This is CompaxDigital’s 1st transaction in Austria.

M&A Deal Summary

Date 2024-01-12
Target i-new
Sector Communications
Buyer(s) CompaxDigital
Sellers(s) Novomatic AG
Deal Type Divestiture

Target

i-new

Vienna, Austria
website
i-new is a technology solution provider in the mobile communication industry that specializes in the domain beyond the mobile universe to include Virtual Mobile Networks. i-new is based in Vienna, Austria.

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Buyer(S) 1

Buyer

CompaxDigital

Vienna, Austria

website


Category Company
Founded 1994
Sector Software
DESCRIPTION

CompaxDigital is a cloud-native BSS SaaS Platform that provides software and a genuine BSS SaaS experience. The company offers future-proof tier-1 solutions leveraging robust technologies, including microservices-based architecture, public-cloud deployment, and workflow-driven customer, revenue, and business process management. CompaxDigital was formed in 1994 and is based in Vienna, Austria.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
Country (Austria) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

Novomatic AG

Gumpoldskirchen, Austria

website


Category Company
Founded 1980
Sector Leisure
DESCRIPTION

NOVOMATIC Group of Companies - comprising NOVOMATIC AG based in Austria and Swiss sister companies ACE Casino Holding AG and Gryphon Invest – is one of the largest integrated gaming groups in the world, employing more than 20.000 staff (more than 3,000 in Austria). Founded by entrepreneur Prof. Johann F. Graf in 1980, the group is today one of the leading technology groups in Austria – it has locations in 45 countries, producing slot machines, electronic multiplayers and advanced systems and networking technologies and exporting to 80 countries. Thus NOVOMATIC is the leading European producer of high-tech gaming equipment. The group also comprises Admiral Sportwetten GmbH, Austria's leading sports betting operator with more than 205 outlets, as well as Greentube Internet Entertainment Solutions GmbH, a market leader in online gaming based in Vienna, Austria. Further affiliates are the UK based ASTRA Gaming Group as well as the Icelandic lotteries solutions provider Betware.


DEAL STATS #
Overall 2 of 2
Sector (Communications) 1 of 1
Type (Divestiture) 2 of 2
Country (Austria) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-01 Novomatic AG - Gaming Technology Group

United Kingdom

Novomatic AG - Gaming Technology Group (NTG) is a supplier of Category B3, C and D gaming terminals to pubs, arcades, motorway service areas and holiday resorts in the UK.

Sell -