Health Business Week
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Health Business Week
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
Acres-Fiore Inc.
Acres-Fiore Partners with Bally Technologies to Deliver Personalized Gaming Technology
August 22nd, 2008
Acres-Fiore Inc., an innovator in the development of recreational gambling content, announced a strategic partnership with Bally Technologies, Inc. (NYSE: BYI). The partnership calls for Bally to make an equity investment of $6 million in Acres-Fiore under certain circumstances and provides Bally exclusive use of Acres-Fiore designs for a minimum of three years. During this period, Acres-Fiore will develop its concepts using Bally products, test the designs on casino floors around the world, and license resulting successful products back to Bally for production and sale in return for recurring royalties. Over the past year, Acre-Fiore has written over 30 patent...
Source: Health Business Week (2008-08-22)
|
