International Game Technology and Greentube, the NOVOMATIC Digital Gaming and Entertainment division, have signed a patent cross-licensing agreement that includes valuable patents related to remote game server technologies for providing games over a network.
With the execution of the agreement, IGT can offer the global gaming industry a patent licence to the combined RGS portfolios of IGT and Greentube. Financial terms of the agreement have not been disclosed.
“This agreement continues the spirit of collaboration and innovation that IGT seeks to foster in our industry,” commented Renato Ascoli, IGT CEO Global Gaming.
“We look forward to providing the entire gaming industry with the opportunity to licence the combined RGS portfolios of IGT and Greentube which cover compelling technologies for delivering games to customers wherever they play.”
Both companies said they will continue in their efforts to protect their intellectual property, individually and through collaborations with gaming industry developers and suppliers, in an effort to advance innovation in the gaming market.
“We are very pleased to reach this significant intellectual property agreement with IGT, as Greentube continues to expand its premium gaming products and solutions,” added Thomas Graf, Greentube CEO.
“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.”