VTI Technologies
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VTI Technologies - overview
Location
Vantaa, -, Finland
Primary Industry
Semiconductors
About
Based in Finland, VTI Technologies functions as a provider of advanced online gaming solutions, prominently featuring digital casino games and e-sports betting platforms. VTI Technologies offers a comprehensive suite of online gaming solutions. The company was acquired by Murata Manufacturing Co. , Ltd.
for JPY 20 billion in October 2011. VTI operates from its headquarters in Vantaa, Finland, focusing on delivering innovative gaming experiences. Founded by Cullen Billhartz, the company has made significant strides in expanding its offerings since its inception. VTI specializes in online gaming solutions, including online casino games, live dealer options, and e-sports betting platforms.
The company’s services are designed to cater to a diverse clientele, including individual players and businesses seeking to integrate gaming solutions. These products have been strategically released since 2019 across Europe and North America, emphasizing security and fairness in their operations to ensure a trustworthy gaming experience. In the most recent fiscal year 2024, VTI Technologies reported a revenue of JPY 19,718,544. 88 with an EBITDA of JPY 27,361,232.
5. VTI Technologies is focused on developing new products aimed at enhancing user engagement and plans to expand into additional geographical markets, particularly targeting Asia by the end of 2025. The recent funding from Murata Manufacturing Co. , Ltd.
will be utilized to support these initiatives, including the launch of new gaming platforms and enhancing their technological infrastructure.
Primary Industry
Semiconductors
Sub Industries
Electronic Components, Semiconductor Equipment & Testing
Website
www.vti.fi
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
VTI Technologies - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | VTI Technologies | - | ||||||||
| Buyout | Completed | VTI Technologies | - |
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