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Greentube Acquires a Large Stake at Alteatec to Expand B2B Services

19 january 2023
Author: James Burton
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Greentube, the iGaming subsidiary of Novomatic, has announced its partial acquisition of the IT group Alteatec, located in Malta. The arrangement makes it possible for the buyer to enhance its business offerings by connecting the partner's proprietary development, Olympus One.

Greentube acquires stakes at Alteatec

Greentube’s representatives talked about intentions to expand their portfolio by adding the collaborator's live broadcasting and voiceover solution. This will allow the group to continue establishing its standing as a major provider in the gambling business.

Uniting Alteatec's product with Novomatic's solution Novo Unity for table e-games will empower Greentube’s team to essentially improve its offerings.

About Alteatec

The brand was founded in Austria over 20 years ago and has gained an image as a worldwide provider of excellent gambling products. The innovation Olympus One for business administration is considered one of the company’s main hits.

The cutting-edge system contains decent gamification instruments:

  • Bonus Engines;
  • Duel Tournaments, etc.

Additionally, it introduces the methodology that brings the web and land-based gambling worlds together. For this, the company has developed and incorporated a few special modules into the platform.

Comments of Representatives

As a result of this agreement, a few high-ranking executives from Greentube will migrate to the IT group and embrace leading positions there.

One of these officials, Thomas Graf, expressed his excitement about the acquisition. The expert praised the partner by saying it is an innovative company that leads the current market with its solutions. In his words, working alongside gifted and experienced employees will be an exciting new experience.

Greentube’s executive Georg Gubo remarked on being satisfied to see his enterprise's development, while incredibly talented individuals from the international community join them. The expert commented on the partner’s technologies that can quickly improve the company's results.

Christian Sael, the representative of Alteatec’s team, praised the collaborator and said it requires no presentation. In his opinion, merging with such a legendary brand is a massive honour for everyone involved. The director admitted that the IT group is amped up for this cooperation and thrilled to get to work. The corporation will deliver its best products to the partner, so it can grow further.

Casino Market offers software from Greentube and other great gambling providers. Our managers will help you choose and smoothly connect programs. Contact them to learn more.

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