International Game Technology PLC announced Thursday that it has signed a patent cross-licensing agreement with Greentube, the Digital Gaming and Entertainment division of Austrian gaming giant Novomatic, involving valuable patents related to remote game server (RGS) technologies for providing games over a network
Under the terms of the agreement, IGT is able to offer the global gaming industry a patent license to the combined RGS portfolios of IGT and Greentube, the company revealed.
Providing omni-channel technology that converges online, mobile and land-based gaming, Greentube’s portfolio comprises everything from Video Slots and Video Bingo to Table Games, AWP Reloaded Slots, Server-Based Gaming and Social Casino Gaming, among others.
“This agreement continues the spirit of collaboration and innovation that IGT seeks to foster in our industry,” said Renato Ascoli, IGT CEO Global Gaming.
“We look forward to providing the entire gaming industry with the opportunity to license the combined RGS portfolios of IGT and Greentube which cover compelling technologies for delivering games to customers wherever they play.”
Greentube CEO Thomas Graf added, “We are very pleased to reach this significant intellectual property agreement with IGT, as Greentube continues to expand its premium gaming products and solutions.
“The combined RGS portfolios of Greentube and IGT are truly state-of-the-art, representing a combined prowess and gaming industry leadership that is well-positioned to fuel continued success.”
Both companies will continue in their efforts to protect their intellectual property, individually and through collaborations with gaming industry developers and suppliers, they explained.
The financial terms of the agreement have not been disclosed.
