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AGTech enters Chinese smartphone lottery market

18th November 2014 9:44 am GMT

Chinese lottery supplier AGTech Holdings has made a move into the smartphone lottery market following the strategic acquisition of Score Value Limited for a total consideration of HK$489.5m (€63.7m).

AGTech has formalised the acquisition of 100 per cent equity interest in the company through its wholly-owned subsidiary Silvercreek Technology Holdings.

AGTech said that the deal strengthens its position in the lottery hardware supply sector and diversifies its product range.Score Value is principally engaged in the research and [...]

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