Compliance Updates

IGT and Greentube Sign Patent Cross-Licensing Agreement for Remote Game Server

Published

3 years ago

January 20, 2023

Niji Narayan

Reading Time: < 1 minute

International Game Technology PLC (IGT) and Greentube, the NOVOMATIC Digital Gaming and Entertainment division, announced that they have signed a patent cross-licensing agreement that includes valuable patents related to remote game server (RGS) technologies for providing games over a network.

With the execution of this agreement, IGT can offer the global gaming industry a patent license to the combined RGS portfolios of IGT and Greentube. The financial terms of the agreement have not been disclosed.

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

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

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Niji Narayan

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.