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Intralot sells stake in CyberArts to focus on own technology

27th October 2011 5:26 am GMT

Fertitta Interactive said Wednesday that it has acquired online gaming solutions provider CyberArts, including Intralot’s 35 per cent stake in the business, following a decision by Intralot to pursue a new generation of technology.

Intralot held an option to increase its stake in CyberArts to 51 per cent but chose not to exercise the option as a result of a strategic decision to focus on its own suite of technology and services. The company said it [...]

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