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The acquisition of Nextgen will see the two companies combine services, such as NYX bingo, lottery and casino software with NextGen's extensive games catalog. The combined assets of the two companies will see more than 300 games being offered to 40 customers.
Commenting on the deal, NYX CEO David Flynn said: “NYX and NextGen are a perfect fit. In addition to a shared set of values between the two organisations, we share a highly scalable business model and enjoy respected reputations.
"Our combined entity will be much stronger and our customers will benefit from NextGen’s leading-edge games studio which produces some of the industry’s best performing games. We are very excited about our future together.”
NextGen's CEO Matt Davey also commented on the deal. “Combining NYX’s proven bingo, casino and software solutions with the NextGen excellence in building engaging and profitable games enables us to massively improve our ability to offer market-leading product in a fast and flexible manner to our combined roster of customers."
"Leveraging our respective heritage in technology and product and our common employment cultures we are confident in our ability to develop, license and support a world-class suite of e-gaming products.” the NextGen executive said.