IGT acquires assets of Progressive Gaming
January 20, 2009
International
Game Technology has acquired certain operating assets of Progressive Gaming
International Corporation. The global operations of PGIC will be integrated
with IGT's respective offices in Europe, Asia, Australia,
Latin America, Canada and
the U.S.
IGT
Executive Vice President of Product Strategy, Rich Schneider said, "We are
very excited about the opportunity that this transaction provides to IGT. The
PGIC system product line is designed for somewhat different market segments as
compared to our current IGT Advantage(R) line. As such, the technology is an
ideal complement to our current offering, allowing us to immediately increase
our system install base, while providing us with a more complete product offering
for future sales opportunities. Further, this gives us the ability to better
service the PGIC system install base with our server-based sbX(TM) system
offering."
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