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Diamond I to
buy UK software co.Touchdev
March 3
Today, Diamond I Inc., the well-known creators of wireless gaming
products, announced that it has gained a chance to buy Touchdev
Limited, granted that Touchdev would be bought by Diamond I for cash and stock.
Touchdev Limited, a private UK software company, is the developer of
many online casinos gaming software products, with wireless PDA and cell
phone capabilities. Touchdev has made twelve different casino games, including Texas Holdem
Poker - touchpoker.com. Touchpoker.com is an online casinos site where
players can play poker for entertainment only - not real cash.
The owner of Touchdev believes that the acquisition will be a blend of two
highly complementary technology companies. Touchdev has built world-class play-for-fun poker software for mobile devices, and Diamond
I is at the head of wireless gaming development. Diamond I is poised to generate
sizeable value from Touchdevs' TouchPoker technology in the gaming
market.
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