International Game Technology has acquired certain operating assets of Progressive Gaming International Corporation, the company announced on Tuesday.
The global operations of Progressive Gaming will be integrated with International Game Technology’s offices in Europe, Asia, Australia, Latin America, Canada and the United States, the company said.
Richard J. Schneider, the company’s executive vice president of product strategy, said that Progressive Gaming International Corporation’s system product line is designed to market different segments compared to International Game Technology’s current “Advantage” 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,” Mr. Schneider said.