Scientific Games has announced the acquisition of Swedish developer ELK Studios. In this regard, it has strengthened its original iGaming content offering and production capabilities.
Scientific Games has reported that this highly synergistic acquisition of a talented digital content studio marks another important step as the Company rapidly executes its vision to become the leading cross-platform global game company.
The company has highlighted that ELK Studios is a developer with a long history of producing carefully crafted games with ground-breaking mathematics, superb artwork and a mobile-first focus. The highly profitable digital studio’s hit releases include Wild Toro II, Katmandu and Cygnus, and its games also feature the innovative X-iter ™ tool allowing players to jump into the action through a selection of special predefined modes.
According to SG, adding ELK Studios to its internal gaming portfolio reinforces its ability to create innovative and engaging iGaming content and will be looking to take ELK’s top-ranked content into the U.S. and Canadian markets while further enhancing its position as a leading content provider in the U.K. and Europe.
Referring to this acquisition, Barry Cottle, President and CEO of Scientific Games, "Acquiring ELK Studios demonstrates once again our commitment to make targeted, value enhancing investments designed to advance our cross-platform content capabilities".
In a press release Scientific Games explains that ELK Studios will continue to work independently to create thrilling new titles, while also benefiting from Scientific Games ’comprehensive range of resources including commercial scale, market expansion, support in U.S. and Canada, game IP and data analytics tools.
Dylan Slaney, CEO of iGaming at Scientific Games, said: "We have had a strategic partnership with ELK Studios for a number of years and its games have performed brilliantly across the OpenGaming platform".
Filip Säfbeck from ELK Studios said this agreement has been made the perfect moment “given that our ambitions to grow through innovation and into the U.S. and Canada are in total alignment".
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