Orbis Acquires Game Design Capability
Published: Friday, September 09, 2005 Online-Casinos.com
ORBIS ACQUIRES GAME DESIGN CAPABILITY
NT Media takeover will lead to full online casino turnkey packages
The British interactive gambling software company, Orbis has acquired game design firm NT Media and the capability to develop and further enhance new games concepts as well as a fully fledged casino software package that will be offered as a fully integrated module of the Orbis OpenBet(TM) product family.
The takeover involved the acquisition of all of NT Media's share capital, for a consideration that may vary between GBP 1.6 million and GBP 4 million in cash. The consideration is dependent upon future performance and the achievement of certain milestones.
All employees of NT Media will join Orbis and will provide ongoing services to the existing customers of NT Media.
NT Media is an innovative games invention and design company, which has provided the user interface for the popular Ladbrokes Balls numbers game, as well as SkyBet Internet and interactive TV games. NT Media has a suite of 50+ games including multiple games running across industry leading platforms.
Orbis Managing Director, David Loveday commented: "The acquisition of NT Media now gives Orbis the opportunity to offer a full end to end service from game concept and design through to the complex backend software."
NT Media founder, Nik Robinson who will join Orbis as Creative Director and is widely regarded as one of the foremost pioneers of the fixed odds games market. He has been responsible for the development of the industry wide "Balls" game and has recently constructed what are claimed to be the most advanced and sophisticated implementations of Roulette and BlackJack in the industry.
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