The Gaming Laboratories International (GLI) Group has announced the acquisition of iTech Global Pty Ltd (iTech Labs), a leading global gaming testing laboratory. With this acquisition, iTech Labs becomes a wholly owned subsidiary of GLI Australia Pty Ltd. This article explores the implications of this acquisition and its impact on the global gaming testing industry.
GLI Group’s Acquisition of iTech Labs:
The GLI Group, a prominent player in the gaming industry, has acquired all outstanding shares of iTech Labs, solidifying its position in the gaming testing market. iTech Labs, known for its expertise in gaming testing and certification, will continue to operate under its existing brand and management team.
Continuity and Expansion of iTech Labs:
The acquisition ensures the continuity of iTech Labs’ operations and services. The management, testing, and sales teams will remain intact, allowing for a seamless transition. Additionally, iTech Labs will retain its licenses in the jurisdictions it currently serves. This continuity provides assurance to existing clients and maintains the high standards for which iTech Labs is known.
Collaboration with GLI:
iTech Labs will continue to operate independently, while benefiting from GLI’s larger sales and back-office staff globally. This collaboration allows iTech Labs to tap into GLI’s extensive network of testing laboratories and regulatory relationships worldwide. The synergies between the two companies will enhance iTech Labs’ growth potential and enable it to provide an even higher level of service to its clients.
Customer Benefits and Global Reach:
The acquisition of iTech Labs by the GLI Group brings several advantages for clients. iTech Labs’ customers will now have access to GLI’s global network of laboratories, which increases testing capacity and reduces turnaround times. Furthermore, the strong relationships that GLI has established with regulators worldwide will provide additional support and facilitate compliance for iTech Labs’ clients operating in different jurisdictions.
Future Growth and Opportunities:
Both the GLI Group and iTech Labs share a commitment to delivering exceptional service and maintaining high standards in the gaming industry. The GLI Group’s investment in iTech Labs reflects its confidence in the company’s growth potential. With the support of the GLI Group, iTech Labs is well-positioned to expand its operations, explore new markets, and leverage its expertise to better serve its customers.
The GLI Group’s acquisition of iTech Labs marks a significant development in the global gaming testing industry. This strategic move strengthens GLI’s position as a leader in the market while providing iTech Labs with enhanced resources and opportunities for growth. The collaboration between these two industry players will benefit clients by ensuring the highest standards of testing and certification and facilitating compliance with regulatory requirements worldwide.