Orbis completes acquisition of Alphameric for £ 15.47m

ORBIS Technology which is part of the NDS Group has acquired Alphameric Solutions, the UK racing technology supplier to more than 8,700 betting shops.

Orbit is a world leader in interactive gaming and betting solutions with its OpenBet software platform and its  unique OneWallet solution.

Orbis chief executive David Loveday said: “Alphameric Solutions will be a good fit for Orbis, especially as we already share a number of customers. Together we will have the skills, product innovation and technical excellence to take advantage of increasing opportunities across the global gaming sector.”

Peter Bertram, Chairman of Alphameric said, “We have over the years developed Alphameric Solutions to become one of the leading technology suppliers to the UK betting industry, with an outstanding team of highly talented staff. I am sure that Orbis will build on the great success that Alphameric Solutions has enjoyed to date and we wish Orbis every success in the future.”