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EVERYMATRIX ACQUIRES SOFTWARE DEVELOPER
23rd March, 2011 at 15:50:52
New development projects aimed at mobile gaming project in the offing
Sports betting and turnkey provider EveryMatrix have announced the acquisition of Norwegian gaming software developer Miles Ahead for an undisclosed consideration.
Miles Ahead specialises in desktop, mobile and iPhone/android applications for Bingo and Poker.
The firm announced that the Miles Ahead software would be sold as standalone products in the EveryMatrix gaming portfolio, but also offered as part of a complete turnkey solution using the GamMatrix gaming management and payments platform.
All the products will be marketed under the new EveryMatrix brand RakeMatrix. Both poker and bingo are licensed in Malta where EveryMatrix' sports betting product OddsMatrix is licensed.
Miles Ahead has one of the strongest development teams we've met so far. Their games are fast, well designed, and with cool graphics. In particular this is a team with great experience and skills in mobile development. They fit in beautifully in our organization and we're very proud to join forces with Miles Ahead and have reached a level of maturity that allows us to do transactions such as this, said Ebbe Groes, CEO, EveryMatrix.
We're now focusing on bringing these products to the market, using synergies in sales, marketing, operations, and support. We have also initiated new development projects aimed at the fast growing mobile gaming market, allowing us to package this together with the new OddsMatrix mobile sportsbook, he added. We're very excited about this acquisition, it raises our game to yet another level after last year's successful launch of GamMatrix and we'll be moving fast in using the opportunities this brings us.
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