LONDON, April 12, 2022 /PRNewswire/ – International Game Technology PLC (NYSE:IGT) ("IGT") today announced that it has signed a broad patent cross-licensing agreement with Aristocrat Leisure Limited (ASX: ALL) ("Aristocrat") 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," said Renato Ascoli, IGT CEO Global Gaming. "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."
IGT will continue in its efforts to protect its intellectual property, individually and through collaborations with gaming industry developers and suppliers, in an effort to advance innovation and excitement in the gaming market.
IGT (NYSE:IGT) is a global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 10,500 employees. For more information, please visit www.igt.com.
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