International Game Technology Plc. announce that it has signed a cross-licensing deal with social game developer FlowPlay, Inc., under which FlowPlay will have access to patented IGT game features in the development of new games for the social market, at an undisclosed licensing fee.
“FlowPlay offers more than 45 different casino-style games already, and this agreement helps to ensure that even more of the authenticity and excitement of land-based casino gaming extends to players in the online social space,” IGT North America CEO Renato Ascoli said. FlowPlay chief executive Derrick Morton noted that the deal will provide a “phenomenal selection of patents” that can be used to “reach new audiences.”
