Evolution to acquire DigiWheel
[PR] Evolution today announces that it has entered into an agreement to acquire the business of DigiWheel, developers of a unique HD spinning gaming wheel.The acquisition is an all cash deal with a total up-front consideration of EUR 1 million. In addition, Evolution will pay an earn-out payment, based on DigiWheel’s net income for the third year following closing. According to Evolution, the deal will further strengthen Evolution’s online gaming portfolio through DigiWheel’s unique and innovative digital technology being blended into Evolution’s online Live Casino games and game shows.