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NDS Group sells OpenBet for £208m

13th January 2011 9:21 am GMT

Following last year’s acquisition of server-based gaming specialist Inspired Gaming Group, independent private equity firm Vitruvian Partners has made a further move in the gaming industry, backing a management buyout of NDS Group’s wholly owned subsidiary OpenBet, the online betting and gaming software provider.

NDS Group, jointly owned by Permira Funds and Rupert Murdoch’s News Corporation, said Thursday that it has signed an agreement pursuant to which funds managed by Vitruvian Partners will back a management [...]

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