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  5. International Game Technology Acquires Entraction Holding AB

M&A Deal Summary

International Game Technology Acquires Entraction Holding AB

On March 5, 2011, International Game Technology acquired software company Entraction Holding AB for 115M USD

Acquisition Highlights
  • This is International Game Technology’s 3rd transaction in the Software sector.
  • This is International Game Technology’s 5th largest (disclosed) transaction.
  • This is International Game Technology’s 1st transaction in Sweden.

M&A Deal Summary
Date 2011-03-05
Target Entraction Holding AB
Sector Software
Buyer(s) International Game Technology
Deal Type Add-on Acquisition
Deal Value 115M USD

Target

Entraction Holding AB

Stockholm, Sweden
Entraction Holding AB the legal online poker networks and has quickly grown into one of the leading suppliers of online gaming products and services. Entraction's scalable, robust business to business delivery platform contains over 4 million registered players, in partnership with over 60 operators. Additionally, Entraction provides a comprehensive suite of services needed to operate a successful gaming site such as content management, payment solutions, and fraud protection.

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Buyer(S) 1

Buyer

International Game Technology

London, United Kingdom
Category Company
Founded 2014
Sector Gaming
Employees11,000
Revenue 4.3B USD (2023)
DESCRIPTION

International Game Technology is a provider of casino gaming entertainment and continues to transform the industry by translating casino player experiences to social, mobile and interactive environments for markets around the world. International Game Technology was founded in 2014 and is based in London, England.

DEAL STATS #
Overall 5 of 9
Sector (Software) 3 of 3
Type (Add-on Acquisition) 4 of 6
Country (Sweden) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-20 Progressive Gaming International

Las Vegas, Nevada, United States

Progressive Gaming International Corp. is a supplier of integrated casino and jackpot management solutions for the gaming industry. This technology is widely used to enhance casino operations and drive greater revenues. Progressive Gaming offers a range of table game and chip management solutions that combines our latest software with High Frequency 13.56 MHz RFID enabled chips.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-01 Barcrest Group

Oldham,

Barcrest Group Ltd. is a manufactures of gaming machines in UK.

Sell £35M
Mergr

Product

Company

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