International Game Technology PLC (IGT), holder of the largest slot game feature patent portfolio in North America, announced that it has signed a patent cross-licensing agreement with Ainsworth Game Technology (Ainsworth), a premier manufacturer of global gaming products committed to a culture of quality, innovation and excellence.
"As we position Ainsworth for future growth, we are pleased to have reached this cross-licensing agreement with IGT. It will provide us with access to an industry-wide game feature patent portfolio that we can leverage to enhance our market offerings with games that excite and engage players," said Danny Gladstone, Ainsworth Game Technology chief executive officer.
"We have reached industry-wide momentum with the cross-licensing of IGT patented game features. We're very pleased to add Ainsworth Game Technology to the impressive list of suppliers who have worked with us to establish an IP pool that can help drive the gaming industry's collective innovation," said Michael Prescott, IGT senior vice president and general counsel, North America gaming and interactive.