BUSINESS

Wincor Nixdorf and Scientific Games sign cooperation agreement

TAGs: Scientific Games Corp, Wincor Nixdorf

Scientific Games buys BarcrestFollowing the UK’s Office of Fair Trading (OFT) approval of the acquisition of game and amusement machine maker Barcrest by US-based Scientific Games Corporation for £35m, Scientific Games has now made a lottery software acquisition. It has been announced that the German technology firm Wincor Nixdorf and U.S.-based Scientific Games Corporation have signed a cooperation agreement for IT solutions and services for state-owned and private lotteries.

Although no financial details have been released at this point, the goal of this cooperation is to combine the strengths of Scientific Games as a leading global provider of lottery and gaming products, systems and services with Wincor Nixdorf’s technology expertise for programmable point-of-sale (POS) terminals for the retail industry. The agreement contemplates that the terminals that are subject to the cooperation agreement will be manufactured at Wincor Nixdorf’s Singapore production facility.

As part of the cooperation agreement, Wincor Nixdorf will provide Scientific Games with the provision of lottery terminals, terminal sales representatives and, potentially, terminal-related services such as installation and field maintenance in Germany and Switzerland.

In keeping with the execution of the cooperation agreement, Wincor Nixdorf has sold its lottery software business to Scientific Games, including 19 employees located in Wincor Nixdorf’s Constance, Germany facility.

Comments

views and opinions expressed are those of the author and do not necessarily reflect those of CalvinAyre.com