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Divestiture • Software

OpenBet Acquires OpenBet Hellas SA

On April 30, 2015, OpenBet acquired software company OpenBet Hellas SA from Athens Technology Center SA

Acquisition Context
  • This is OpenBet’s 1st transaction in the Software sector.
  • This is OpenBet’s 1st transaction in Greece.

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M&A Deal Summary
Date April 30, 2015
Target OpenBet Hellas SA
Sector Software
Buyer(s) OpenBet
Sellers(s) Athens Technology Center SA
Deal Type Divestiture

Target Company

OpenBet Hellas SA

Greece
OpenBet Hellas SA (formerly Athens Technology Center - Outsourced Greek Operations) is a provider of software gaming solutions.
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Buyer Overview 1

Buyer

OpenBet

London, United Kingdom
Category Company
Founded 1996
Sector Software
Revenue 55M GBP (2014)
DESCRIPTION

OpenBet is a software provider to the sports betting and gaming industry. OpenBet's main products include an online operating platform, a sportsbook, and a module for the provision of casinos and other games. OpenBet was founded in 1996 and is based in London, United Kingdom.

Deal Context for Buyer #
Overall 1 of 1
Sector: Software 1 of 1
Type: Divestiture 1 of 1
Country: Greece 1 of 1
Year: 2015 1 of 1

Seller Profile 1

SELLER

Athens Technology Center SA

Halandri, Greece
Category Company
Founded 1992
Sector Software
DESCRIPTION

Athens Technology Center SA is a provider of software serives.

Deal Context for Seller #
Overall 1 of 1
Sector: Software 1 of 1
Type: Divestiture 1 of 1
Country: Greece 1 of 1
Year: 2015 1 of 1

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