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  5. OpenBet Acquires OpenBet Hellas SA

M&A Deal Summary

OpenBet Acquires OpenBet Hellas SA

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

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

M&A Deal Summary
Date 2015-04-30
Target OpenBet Hellas SA
Sector Software
Buyer(s) OpenBet
Sellers(s) Athens Technology Center SA
Deal Type Divestiture

Target

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(S) 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 STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Greece M&A 1 of 1
Year: 2015 M&A 1 of 1

Seller(S) 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 STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Greece M&A 1 of 1
Year: 2015 M&A 1 of 1
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