Playtech has completed the acquisition of technology, intellectual property and certain customer assets from ACM Group (Alpha), strengthening its newly-rebranded TradeTech Group financial trading division.
The deal, first announced in August, could see Playtech pay up to USD$150m for the assets, having paid a $5m up-front consideration.
It sees the solutions giant bolster TradeTech with a portfolio of international B2B clients, proprietary trading technology and ACM's Alpha Pro trading platform.
Alpha's trading, risk, dealing and business development teams [...]
