The GLI Group has acquired all the outstanding shares in iTech Global Pty Ltd (iTech Labs), a global-gaming testing laboratory. The company is now a wholly owned subsidiary of GLI Australia Pty Ltd.
iTech Labs will continue to operate its global network of testing laboratories independently, while coordinating its efforts with GLI’s larger sales and back-office staff globally. The arrangement allows iTech’s clients to benefit from GLI’s international network of laboratories and relationships with regulators worldwide.
“iTech will continue to be branded as iTech and operate as they have over the past 19 years. Kiren Sreekumar, Geoff Nicoll, nAni Srinivasan, and the entire management, testing, and sales teams will continue to operate and be licensed in the jurisdictions they serve,” said James R. Maida, president and CEO of Gaming Laboratories International.
“The GLI Group shares our values and deep commitment to providing our customers best-in-class service. While iTech has achieved great success over the past many years, with the GLI Group’s support, we are confident that iTech’s growth will be enhanced and thereby benefiting our customers,” said Kiren Sreekumar, CEO of iTech.