#John Purcell

volution announced on Friday that it has entered into an agreement to acquire the business of DigiWheel, the Ireland-based manufacturer of the world's first HD spinning gaming wheel. The acquisition will be an all-cash deal with a total up-front consideration of €1 million (USD $1,18 million). In addition, Evolution will pay an earn-out payment,…

Evolution Group has reached an agreement to purchase DigiWheel's business, which the company claims will be a "excellent fit" with its product offering. The acquisition is purely cash, with a €1 million upfront payment and an earn-out payment based on DigiWheel's net profits for the third year following close. The DigiWheel is a 360-degree,…

Live casino specialist Evolution is set to further expand its network of brands with the acquisition of DigiWheel, a developer of an innovative HD spinning game wheel. Evolution announced Friday that it would pay €1 million in cash for DigiWorld. In addition, the company will make an earn-out payment based on the studio's net income for the third…

Stockholm-listed casino supplier Evolution has entered into an agreement to acquire Cork-based DigiWheel, developer of a unique HD spinning gaming wheel. Evolution will acquire the business for a total up-front consideration of €1m in cash, together with an earn-out payment based on DigiWheel's net income for the third year following…