IGT pens patent cross-licensing agreement with Aristocrat

IGT and Aristocrat Leisure have partnered to sign a patent cross-licensing agreement for titles features and remote game server technologies. 

Renato Ascoli, IGT CEO Global Gaming, commented: “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 licence IGT and Aristocrat patents, particularly the compelling content resulting from our combined RGS portfolios, in the spirit of competition and innovation.”

Under the provisions of the agreement, IGT will offer licences from its combined game feature and remote gaming technology portfolio to the gaming sector globally. The terms of the deal have not yet disclosed.

This deal comes shortly after IGT confirmed the acquisition of iSoftBet for a reported €160m in a transaction that could double IGT’s gaming output.