M&A Deal Summary

Intralot Acquires Tektron SA

On December 12, 2003, Intralot acquired gaming company Tektron SA from IBM

Acquisition Highlights
  • This is Intralot’s 1st transaction in the Gaming sector.
  • This is Intralot’s 1st transaction in Peru.

M&A Deal Summary

Date 2003-12-12
Target Tektron SA
Sector Gaming
Buyer(s) Intralot
Sellers(s) IBM
Deal Type Divestiture

Target

Tektron SA

Peru
Tektron has been operating in Peru for the last 8 years and holds a leading position in the lottery and instant ticket market. The company currently operates two (2) lottery type games, one (1) similar to Super 3, as well as instant lottery tickets, under the highly recognized brand name “La Tinka”.

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Buyer(S) 1

Buyer

Intralot

Paiania, Greece

Category Company
Founded 1992
Sector Gaming
Employees1,803
Revenue 376M EUR (2024)
DESCRIPTION

Intralot is a gaming solutions supplier and operator active in 57 regulated jurisdictions around the globe. INTRALOT is an innovation driven corporation focusing its product development on the customer experience. The company is uniquely positioned to offer to lottery and gaming organizations across geographies market-tested solutions and retail operational expertise. Through the use of a dynamic and omni-channel approach, INTRALOT offers an integrated portfolio of best-in-class gaming systems and product solutions & services addressing all gaming verticals (Lottery, Betting, Interactive, VLT). Players can enjoy a seamless and personalized experience through exciting games and premium content across multiple delivery channels, both retail and interactive. Intralot was founded in 1992 and is founded in Paiania, Greece.


DEAL STATS #
Overall 1 of 10
Sector: Gaming M&A 1 of 8
Type: Divestiture M&A Deals 1 of 2
Country: Peru M&A 1 of 1
Year: 2003 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-11 Totolotek Toto Mix SA

Warszawa, Poland

Totolotek Toto Mix SA is a company that manages and operates Fixed-Odds Sports Betting in Poland. Totolotek has a network of about 400 agencies.

Buy €3M

Seller(S) 1

SELLER

IBM

Armonk, New York, United States

Category Company
Founded 1911
Sector Information Technology
Employees270,300
Revenue 62.8B USD (2024)
DESCRIPTION
Entrance to IBM's corporate headquarters in Armonk, New York.
Entrance to IBM's corporate headquarters in Armonk, New York.

IBM is a global provider of information technology products and services. IBM's products and services include IT infrastructure and business process services, cloud computing, business analytics, and enterprise software. IBM was formed in 1911 and is based in Armonk, New York.


DEAL STATS #
Overall 8 of 34
Sector: Gaming M&A 1 of 1
Type: Divestiture M&A Deals 7 of 31
Country: Peru M&A 1 of 1
Year: 2003 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-11-13 Productivity Solutions

Jacksonville, Florida, United States

Productivity Solutions, Inc. is a manufacturer and distributor of automated self-checkout solutions that are used to speed checkout in retail and grocery stores.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-12-17 Green Pasture Software

Corvallis, Oregon, United States

Green Pasture Software, Inc. is a provider of document management software.

Buy -