Add-on Acquisition • Consumer Products

Multimedia Games Holding Company Acquires Pokertek

On October 1, 2014, Multimedia Games Holding Company acquired consumer products company Pokertek for 14M USD

Acquisition Context
  • This is Multimedia Games Holding Company’s 1st transaction in the Consumer Products sector.
  • This is Multimedia Games Holding Company’s largest (disclosed) transaction.
  • This is Multimedia Games Holding Company’s 1st transaction in the United States.
  • This is Multimedia Games Holding Company’s 1st transaction in North Carolina.

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M&A Deal Summary

Date October 1, 2014
Target Pokertek
Sector Consumer Products
Buyer(s) Multimedia Games Holding Company
Deal Type Add-on Acquisition
Deal Value 14M USD

Target Company

Pokertek

Matthews, North Carolina, United States
PokerTek, Inc. is a developer and markets products for the gaming and amusement industries. PokerTek develops PokerPro® automated poker tables and related software applications to increase revenue, reduce expenses and attract new players into poker rooms by offering interactive poker that is fast, fun and mistake-free.
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Buyer Overview 1

Buyer

Multimedia Games Holding Company

Austin, Texas, United States

Category Company
Founded 1991
Sector Technology Hardware
Employees530
Revenue 189M USD (2013)
DESCRIPTION

Multimedia Games Holding Company, Inc. develops and distributes gaming technology. The company is a creator and supplier of comprehensive systems, content and electronic gaming units for Native American and commercial casinos.


Deal Context for Buyer #
Overall 1 of 1
Sector: Consumer Products 1 of 1
Type: Add-on Acquisition 1 of 1
State: North Carolina 1 of 1
Country: United States 1 of 1
Year: 2014 1 of 1
Size (of disclosed) 1 of 1