(NASDAQ: SGMS) (“Scientific Games” or the “Company”) today announced that the Company has successfully completed the acquisition of long-time business partner Lapis Software Associates, LLC (“Lapis”), an international supplier of lottery sales force and retail performance applications called gem | Intelligence® and gem | Retailer™. Additionally, Lapis supplies technology consulting services focused on high-performance, mission-critical distributed applications. Scientific Games and Lapis share a vision of innovation in developing solutions that meet the individual needs of lotteries and their retailers.
Pat McHugh, Scientific Games’ Senior Vice President, Global Lottery Systems, said, “Scientific Games is the industry leader in maximizing retail performance for our customers. The acquisition of Lapis Software Associates expands our suite of value-added retail products, accelerates the development of new innovations, and positions our offerings to be the most agile and comprehensive toolset for lotteries and retailers to improve performance. The Lapis software products are consistent with our service-oriented approach that allows us to integrate seamlessly with our existing instant product and systems customers’ gaming systems and other suppliers’ gaming systems.”
Scientific Games has employed all existing Lapis staff, who will continue to fully support Lapis customers. McHugh said that in the long term, Lapis customers will benefit from Scientific Games’ market analytics, strong research and development pipeline, and other resources. Innovation from Lapis’ Rhode Island location will augment Scientific Games’ product development from its global labs and technology operation centers.
Jean Lombard, President, Lapis Software Associates, said, “We have enjoyed a long and strategic relationship with Scientific Games. Now, we will approach our collaborative, customized solutions as one team, driven by the desire to innovate the best products and experiences in the world for our lottery customers.” Key Lapis product brands in the marketplace, such as gem│Intelligence® and gemRetailer™, will remain intact and continue to offer industry-leading capabilities and flexibility.
Scientific Games is the world’s leading supplier of lottery instant games, and provides games, technology, and services to more than 150 lotteries globally, including nearly every North American lottery.