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PTEC Playtech Plc

447.50
3.50 (0.79%)
Last Updated: 14:06:53
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Playtech Plc LSE:PTEC London Ordinary Share IM00B7S9G985 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.50 0.79% 447.50 447.00 448.50 448.50 439.00 439.00 30,498 14:06:53
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Prepackaged Software 1.71B 105.1M 0.3458 16.69 1.75B

Playtech PLC Playtech completes acquisition of ACM assets (3909S)

02/10/2017 9:53am

UK Regulatory


Playtech (LSE:PTEC)
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TIDMPTEC

RNS Number : 3909S

Playtech PLC

02 October 2017

Playtech plc

('Playtech' or 'the Company')

Playtech completes acquisition of ACM assets

Playtech (LSE: PTEC) today announces that it has completed the acquisition of technology, intellectual property and certain customer assets (together 'the assets') from ACM Group Limited (known in the industry as 'Alpha' or 'ACM').

As a result of the acquisition of the assets a team from Alpha joined the TradeTech Group creating the brand TradeTech Alpha. TradeTech Alpha will deliver a bespoke risk management and trading solution to B2B customers.

- Ends -

For further information, contact:

 
 Playtech plc 
  Ron Hoffman, TradeTech 
  Chief Executive Officer 
  Neil Offord, TradeTech         +44 (0) 20 7466 5000 
  Chief Financial Officer 
  c/o Buchanan Communications 
 
  James Newman, Head of 
  Investor Relations              +44 (0)1624 645954 
 Buchanan Communications 
  David Rydell                   +44 (0) 20 7466 5000 
 

About Playtech

Playtech is a market leader in the gambling and financial trading industries. Founded in 1999 and listed on the Main Market of the London Stock Exchange (LEI code: 21380068TTB6Z9ZEU548), Playtech has c. 5,000 employees in 17 countries.

Playtech is the gambling industry's leading software and services supplier with more than 130 licensees globally, including many of the world's leading regulated online, retail and mobile operators, land-based casino groups, government sponsored entities such as lotteries, and new entrants opening operations in newly-regulated markets. Its business intelligence-driven gambling software offering includes casino, live casino, bingo, poker and sports betting.

It is the pioneer of omni-channel gambling which, through Playtech ONE, offers operators and their customers, a seamless, anytime, anywhere experience across any product, any channel (online, mobile, retail) and any device using a single account and single wallet. It provides marketing expertise, sophisticated CRM solutions and other services for operators seeking a full turnkey solution.

Playtech's Financials division operates both on a B2C and B2B basis. Its B2C focused offering is an established and growing online CFDs broker, operating the brand markets.com. Its B2B offering includes the division's proprietary trading platform, CRM and back-office systems, as well as its liquidity technology platform which provides retail brokers with multi-asset execution, prime brokerage services, liquidity and complementary risk management tools.

www.playtech.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

ACQGIBDGRSGBGRD

(END) Dow Jones Newswires

October 02, 2017 04:53 ET (08:53 GMT)

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