The online casino game developer High 5 Games has struck a deal with Electrotank for its IP, assets and staff.
Electrotank is a specialist in in technology for online and mobile networking. It has licensed its server and platform tech to hundreds of companies, and developed games for Disney, MTV and Nickelodeon, among others.
The deal with High 5 Games includes "substantially all" of Electrotank's assets and IP, as well as its entire team.
"This move will allow High 5 Games to strengthen and finalize our upcoming Game Server Platform, which will allow our content to be real-time streamed to both regulated real-money gaming sites, as well as to social casino sites throughout the world," said High 5 CEO Anthony Singer.
"We are overjoyed to bring in the many talented individuals from Electrotank into High 5 Games."
Med Nadooshan, COO of High 5 Games, has indicated that the company is searching for similar growth opportunities in the near future.