News and events
WordlMatch and Octavian: a new strategic partnership
- 12 June 2018
Octavian Gaming Solution and WorldMatch, the two historic Italian gaming companies with an international reach, announce that Octavian has bought 50% stake in WorldMatch.
The new company structure will make it possible to capitalise on Octavian's great experience, a leader in the production of gaming content, with development sites in Italy, Russia and England, as well as a consolidated presence in the market of WorldMatch, a benchmark company in the design of online gaming platforms and products.
Simone Pachera, Octavian's CEO, comments on the financial transaction: "Our 50% capital of WorldMatch represents an important diversification for our group: on the one hand it allows us to make the omnichannel distribution for our vast game content portfolio immediate and widespread, thanks to WorldMatch B2B integration with the main players in international regulated markets; on the other hand it allows us to merge the know-how of our development teams with the high technical skills of the WorldMatch team, and also sharing expertise in order to create solutions for the retail market. It is a win-win approach characterised by a mutual synergy, with the aim of achieving new goals for product quality and customer satisfaction ".
Also Andrea Boratto, CEO of WorldMatch, declares his satisfaction with the agreement: "Having chosen Octavian as a strategic partner will allow us to accelerate our growth path and take full advantage of the next convergence of online and terrestrial gaming. We are proud owners of a portfolio with more than 200 Html5 games, which are distributed on the main regulated markets and offered by the major national and international online gaming operators. We are excited by the idea of being able to distribute our contents also in retail market and I am convinced that the merger of the skills of Octavian and WorldMatch represents a very important strategic asset that will guarantee the acquisition of larger market share".
WorldMatch will continue to operate autonomously under the direction of Andrea Boratto, who has been leading the company for years, while the position of Chairman of the board of directors has been entrusted to Mauro Crivellente, who holds the same role in Octavian.