ider NYX Gaming Group has acquired developer Game360 Limited.

The purchase, which will be financed through cash on hand, increases the geographic presence of NYX to the regulated Italian market.

Game360 designs, develops, markets and distributes online gaming content to over a dozen operators in the Italian regulated market, with a focus on native and HTML5 mobile formats and sports-betting software solutions.

NYX will leverage the ability to deliver its portfolio of existing casino content to these customers and also distribute the games developed by Game360 to its international client base.

"This acquisition will provide NYX with a solid operational and development base in Italy, with the additional benefit of being able to seamlessly deliver our large portfolio of games already certified for the Italian market via NYX OGS," said NYX Gaming Group chief executive Matt Davey.

Game360 Limited chief executive officer Andrea Guzzon added: "This transaction immediately increases Game360's portfolio of content deliverable to our existing client base, which allows us to leverage our top performing games titles in the international market."