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4-Traders Homepage  >  Equities  >  Nyse  >  International Game Technology PLC    IGT   GB00BVG7F061

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Game Technology : IGT) Acquires Hudson Alley Software

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07/21/2016 | 08:36am CEST
Deal Type: Acquisition
Deal Sub Type: Majority Acquisition
Deal Country: United States of America
Deal Status: Completed
Deal Value: 0.0000 Million USD

Deal in Brief

International Game Technology Plc (IGT), a UK-based designer, developer, manufacturer and distributor of computerized gaming equipment, software and network systems, has acquired Hudson Alley Software, Inc., a US-based provider of software solutions to the lottery industry with a focus on lottery retail execution. Following the transaction, Adam Perlow, the CEO of Hudson Alley Software, will join IGT as vice president of Sales Force Automation Solutions and will report to Marco Tasso, the senior vice president of Global Product Marketing of IGT.

Index - Gambling
Index - Games
Index - Consumer Software
Index - Sales Force Automation
Index - United States of America

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Financials ($)
Sales 2017 4 947 M
EBIT 2017 995 M
Net income 2017 80,3 M
Debt 2017 7 614 M
Yield 2017 3,60%
P/E ratio 2017 58,76
P/E ratio 2018 40,68
EV / Sales 2017 2,45x
EV / Sales 2018 2,28x
Capitalization 4 493 M
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Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 28,6 $
Spread / Average Target 29%
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NameTitle
Marco Sala Chief Executive Officer & Executive Director
Philip Glen Satre Chairman
Alberto Fornaro Chief Financial Officer & Executive Vice President
Alberto Dessy Independent Non-Executive Director
James Francis McCann Non-Executive Director
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