GTECH subsidiary GTECH UK Interactive has reached agreement with the board of mobile gaming specialist Probability on the terms of a recommended cash acquisition of the entire issued and to-be-issued share capital of the company.

GTECH

The acquisition, at £0.50 per Probability share, values the fully diluted share capital of Probability at approximately £17.5m (€21m).

The deal is expected to be completed by mid-2014.