GTECH has revealed that after completing its acquisition of IGT, the combined companies will be branded as IGT.

Upon completion of the acquisition, IGT will be the global leader in delivering innovative end-to-end gaming solutions across the full spectrum of regulated gaming while continuing to transform the industry with cutting-edge technology and innovative content.

In addition, GTECH has announced the corporate structure and executive team that will lead the combined organisation. The new company will leverage the strengths of the two combined gaming industry leaders to become the largest gaming and lottery company in the world.

“The combination of GTECH and IGT brings together two highly complementary legacy businesses to form the true blue chip company in global gaming,” said GTECH CEO Marco Sala.

“The new name and branding reflect this positioning. In addition, our two companies have similar core values; in fact, our respective names are derived from the same origin. The comprehensive footprint of our new group fully validates the global claim inscribed in the IGT name.

“Our new logo, marrying the IGT name and the iconic GTECH globe, draws upon the substantial brand equity of our two companies. It symbolises our unique capacity to transform the industry with cutting-edge technology and innovative content; to deliver exciting game experiences through every channel, including gaming, lottery, interactive, mobile and social; and to be the partner of choice in the global gaming industry.”