Games Global buys Quickfire from Microgaming
The new game maker Games Global has been around since 2008 and already has 25 brands under it. The latest acquisition is Quickfire. This game maker is being acquired after a deal with Microgaming and will soon fall under Games Global's portfolio.
Game maker Microgaming is selling its Quickfire platform to the newly founded Games Global. Although this latter company is by no means familiar to everyone, with the new acquisition it already has 25 studios in its portfolio. It has not been disclosed how much money is involved in the high-profile deal.
Unknown, but ambitious
Many people will not know Games Global yet, as the new owner of Quickfire is not a very well-known name in the industry. Despite the relatively unknown name, Games Global is trying to work its way up by acquiring other game makers. As a result, it currently already owns 25 game makers with which it can offer some 3000 games including online slots and table games. Private capital is also used in the acquisition of other game makers. The group's mission is to develop and distribute games in countries where the online gambling market is regulated. It currently does so in almost all continents, although it does not yet explicitly focus on Africa and Asia, since other popular service providers work there in the form of Luckylife.in. In Europe, North America, and South America it does.
Active since 2008
Games Global started as a local gaming company in 2008. Since then, the group has grown into a globally active developer of projects for the international casino industry. Now, more than 10 years later, the company has 130 employees and more than 20 million games sold. It does so not online, but also for gambling halls and game consoles. With the acquisition of Quickspin, yet another phase is added to the rich company history that is focused on game development, but also on the acquisition of interesting partner companies. Microgaming itself has been active since 1994, Quickfire itself was launched in 2010.
Microgaming also happy with the deal
At Microgaming, they themselves are also pleased with the sale. CEO John Coleman says that this is a deal that "both parties are very happy with". According to him, the deal will create "new opportunities" for both Games Global and Microgaming itself. The same CEO also announced that he will be leaving Microgaming. His position will be taken over by Andrew Clucas who already works for Microgaming. CEO Coleman's departure comes at the end of this month after a staggering 17 years of service at one of the world's longest-running game makers.