Gambling software company Microgaming has completed the sale of its Quickfire business to gaming supplier Games Global Limited.
The deal was first announced in November 2021.
Games Global, which was established in 2021, distributes content for use in international markets. It is a private capital backed company led by CEO Walter Bugno and CFO Tim Mickley.
Bugno formerly held roles with IGT and Lottomatica, while Tim Mickley previously worked for SafeCharge and Playtech.
Bugno resigned from his role with IGT in May 2021.
The deal will see Games Global acquire Quickfire’s back catalogue of gaming content and an extensive customer network.
“It is an exciting milestone for both Microgaming and Games Global, and is the culmination of months of hard work and dedication from teams on both sides,” said Andrew Clucas, CEO of Microgaming. “The online gaming industry will undoubtedly present a wealth of opportunities for Games Global, and we wish them the very best for their journey ahead.”
Microgaming will now focus on the provision of platform systems to several online gaming brands- which will include Games Global – and will continue to offer its sports betting software services to Betway.
“We are excited for the full operational launch of Games Global and welcoming a new era in igaming,” said Bugno. “Microgaming’s historical legacy and impact on the industry has been significant, and we wish the organisation all the best in its next chapter.”
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