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Compliance Updates

IGT Signs Broad Patent Cross-licensing Agreement with Aristocrat

Published

3 years ago

on


Reading Time: < 1 minute

 

International Game Technology PLC (IGT) has announced that it has signed a broad patent cross-licensing agreement with Aristocrat Leisure Limited that includes valuable patents related to game features and remote game server (RGS) technologies.

Under the agreement, IGT will be able to offer licenses to the companies’ combined game feature and RGS patent portfolios to the global gaming industry. Financial terms of the agreement have not been disclosed.

“This agreement extends and expands the previous patent cross-license between IGT and Aristocrat. This combination of two of the gaming industry’s most valuable game features and RGS patent portfolios can help propel the evolution of gaming with compelling content and advanced game mechanics. We look forward to providing the entire gaming industry with the opportunity to license IGT and Aristocrat patents, particularly the compelling content resulting from our combined RGS portfolios, in the spirit of competition and innovation,” Renato Ascoli, IGT CEO Global Gaming, said.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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