August 23 Today, Diamond I, Inc., a well-known creator of online gambling products, revealed its intentions to buy Touchdev Limited, Touchdev would be acquired by Diamond I for a combination of cash and stock as reported in the deal.
Touchdev Limited, is a private UK online gambling software company and develops an array of internally-derived and copyrighted gaming software products like wireless PDA and cellular-phone-based capable products.
Diamond's purchase of
Touchdev's software portfolio will represent an exciting addition to it's proprietary WifiCasino GS wireless hand-held gaming system. It is reported by company officials for Diamond, that this acquisition's purpose is to combine the two company's best assets to form one great online gambling product providing company. Whether the consumer is looking to play for fun or money, the company with strive to service both.
With the growing market for phone-based gaming, it should be interesting tio see the new developments this new acquisition provides consumers.
