As a result, the businesses will combine to power a content-rich software provider. This will see NextGen’s games be merged into the NYX bingo, lottery and casino modules they offer. In total, there will be more than 300 games on offer to more than 40 customers. Senior executive teams of both companies will combine with games development remaining in Sydney with software development and operations in Stockholm – no one will lose their jobs.
Speaking on the acquisition, CEO of NextGen (Matt Davey) said:
“Combining NYX’s proven bingo, casino and software solutions with the NextGen excellence in building engaging and profitable games enables us to massively improve our ability to offer market-leading product in a fast and flexible manner to our combined roster of customers. Leveraging our respective heritage in technology and product and our common employment cultures we are confident in our ability to develop, license and support a world-class suite of e-gaming products.”
David Flynn, CEO of NYX Interactive, said:
“NYX and NextGen are a perfect fit. In addition to a shared set of values between the two organisations, we share a highly scalable business model and enjoy respected reputations. Our combined entity will be much stronger and our customers will benefit from NextGen’s leading-edge games studio which produces some of the industry’s best performing games. We are very excited about our future together.”
The co-founder of NYX Interactive, Staffan Lindgren said that “in light of the regulation of the European gaming markets, this strategic move puts us right in the sweet spot of what operators expect from their technology partners.”
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