Inspired Announces Agreement to Acquire Novomatic UK’s Gaming Technology Group
Samuel Costello2020-06-04T12:37:59+00:00INSPIRED ANNOUNCES AGREEMENT TO ACQUIRE NOVOMATIC UK'S GAMING TECHNOLOGY GROUP Anticipated to Diversify and Broaden Scale and Scope of Inspired's Footprint and Product OfferingComplementary Portfolio of Innovative Content and World-Class TechnologyProjected Annual Cost Synergies of US$12.3 to US$13.3 Million 1 NEW YORK, June 11, 2019 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced that it has entered into a definitive agreement to acquire the Gaming Technology Group ("NTG") of Novomatic UK Ltd. ("Novomatic UK"), a division of NOVOMATIC GROUP, a leading international supplier of gaming equipment and solutions, for the EUR equivalent of US$120.0 million in cash. Inspired is a leading supplier of Category B2/B3 [...]