Aristrocrat Leisure buys Paltronics assets, expanding in U.S.

Aristocrat Leisure said it bought all the assets of Paltronics Inc., a supplier of complimentary gaming products and systems based in Crystal Lake, Illinois, for an undisclosed amount.

The acquisition includes IP related to product.

Aristocrat will however maintain the relationship with the independently-owned Paltronics Australasia Pty Limited, which has acted as the exclusive distributor for Paltronics throughout Asia, Australia, New Zealand and Macau included.

Paltronics provides a range of value-added applications for in-game media windows and bonusing applications for EGMs, video poker machines and table games.

The company’s jackpot controllers are already deployed in Aristocrat’s linked progressive products including Hyperlink and Xtreme Mystery. In North America, Paltronics provides a complementary product offering to Aristocrat’s OASIS 360 systems portfolio.

CEO and Managing Director of Aristocrat, Jamie Odell, said: “This is a compelling acquisition that will deliver significant value across key strategic segments, particularly our leading U.S. casino systems business and in the fast-growing linked progressive and jackpot markets.”

 

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