Online casino content creators Stakelogic has confirmed the acquisition of Serbia-based software developer Smart&Applied, in a deal which is said to ‘further enhance and grow’ its in-house game development capacity.
As part of the acquisition, Smart&Applied will be rebranded to Stakelogic Serbia, with Igor Marinkovic appointed as general manager of the division. Moreover, the company will also move into a new ‘state-of-the-art’ office in the centre of Belgrade later this year.
Igor Marinkovic, general manager of Stakelogic Serbia, said: “I am thrilled to become part of one of the fastest-growing game suppliers in the industry and to play my part in ensuring the business continues its rapid rise over the coming months and years.
“The relationship between Smart&Applied and Stakelogic has become incredibly strong as we have been working hand in hand on a daily basis for many years. An acquisition was the next obvious step, and I am pleased my team can continue to focus on game development under the Stakelogic name.”
Founded by Marinkovic as a game development studio, the company has been collaborating with Stakelogic for the past three years.
Stephan van den Oetelaar, CEO of Stakelogic, added: “The acquisition of Smart&Applied really strengthens our in-house development capacity and will allow us to continue to grow at pace while delivering new content to the market on a regular basis.
“Personally, I am really excited that Igor will be managing Stakelogic Serbia. We have become great friends over the years and his knowledge and experience is second to none. This really was a natural acquisition for us and one that I believe will deliver tremendous results over the coming years.”