IGT, Novomatic’s Greentube, reach patent cross-licensing agreement

Thursday, January 19, 2023 9:24 AM
Photo:  Composite CDC Gaming
  • Europe
  • United States
  • Rege Behe, CDC Gaming

International Game Technology Thursday announced a patent cross-licensing agreement with Greentube, Novomatic’s digital gaming and entertainment division. The deal includes patents related to remote game server technologies that provide games over networks.

Per the agreement, IGT will be able to offer patent licenses to global gaming operators for the combined RGS portfolios of IGT and Greentube.

“This agreement continues the spirit of collaboration and innovation that IGT seeks to foster in our industry,” said IGT CEO Global Gaming Renato Ascoli in a statement. “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.”

Financial terms of the agreement have not been disclosed.

“We are very pleased to reach this significant intellectual property agreement with IGT, as Greentube continues to expand its premium gaming products and solutions,” said Greentube CEO Thomas Graf. “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.”

Rege Behe is lead contributor to CDC Gaming. He can be reached at rbehe@cdcgaming.com. Please follow @RegeBehe_exPTR on Twitter.