Everi Holdings has agreed to acquire certain strategic assets and intellectual property (IP) from Atlas Gaming, with the agreement due within the next 60 days.

The acquisition will include a range of game development technologies, intellectual property for proprietary game products and content, and will complement existing game development studios and Everi’s portfolio of titles. As part of the acquisition, Atlas engineering and development employees will join Everi. The agreement also paves the way for the company’s expansion into new international markets.

Dean Ehrlich, Executive Vice President and Chief Gaming Officer, Everi, said, “We are delighted to welcome the talented and experienced members of the Atlas team to Everi. We look forward to the game developers and engineers at Atlas bringing a global perspective that will help us execute a stronger product roadmap and support our growth strategy of delivering top-notch content.

“This transaction strengthens Everi’s development capabilities and will further strengthen the future expansion and differentiation of our gaming products. We plan to leverage the Atlas development team and purchased assets to deliver more original content to our current customer base. “

Everi Holdings, formed in 2015 by the merger of financial services company Global Cash Access and game provider Multimedia Games, processes more than 100 million cash transactions per year.

It offers its clients a suite of financial services tools to enable secure transactions, make credit and debit transactions more efficient and help protect against money laundering.

Through its entertainment division, the company also develops game content through its three studios, as well as game systems and cabinets.