Prominent iGaming content and platform developer for the LatAm region Vibra Gaming communicated the acquisition of TSA, a Brazil-based technology firm. This key operation will further strengthen the award-winning company and accelerate its growth plans, with 55 specialist platform development experts based in Northern Brazil.
TSA and the Vibra Group have been long-term partners, with TSA contributing significantly to Vibra’s technological growth. Moreover, TSA, which operates under the ServiceNet brand name, has existing contracts with several Brazilian lotteries, including Loteria do Tocantins, Loteria do Maranhao, Loteria de Sergipe and Loteria da Paraiba.
The integration of TSA’s expert teams will immediately enhance Vibra’s platform development roadmap with additional resources dedicated to the Vibra Solutions business unit, consolidating the Vibra Group’s structure across the LatAm region. The Argentina-based team is focused on game studios, Remote Gaming Server (RGS), and Electronic Gaming Machines (EGM). The Brazil-based team specializes in Player Account Management (PAM) and sportsbook solutions.
Founded five years ago by a management team of highly experienced industry experts with decades of land-based and online experience, Vibra has emerged as one of the most exciting and innovative content studios and software developers in the industry. Since then, it has expanded fast to become the LatAm market’s ‘go-to’ partner for local and international operators.
Vibra’s product strategy is to service every client need delivering a complete solution on three core areas: sportsbook and casino platform with multiple levels of customization and flexibility; content aggregation platform, including proprietary titles and third-party games from the main brands in the industry; and a state-of-the-art EGM platform allowing operators to distribute products and content through VLT/retail terminals. The group’s three business divisions are the following: Vibra Gaming, Vibra Solutions, and Vibra VLT/Retail.
Ramiro Atucha, CEO at Vibra Group, expressed: “We’re delighted to close the acquisition of TSA and welcome the team to the Vibra family. TSA is one of our closest and most trusted partners with whom we’ve closely collaborated across several significant projects, as well as ongoing development work, therefore joining forces makes perfect strategic sense. Our expansion and first M&A deal follows significant customer demand and growth across the LatAm region in the last 12 to 18 months so the timing is ideal. We’re very excited to have the TSA team join us as we continue our journey.”
Werter Luna, CEO at TSA, said: “We’re thrilled with the outcome of joining Ramiro and the Vibra team after having worked together for so long. The synergies were very clear, and both companies know we are stronger together. The future is very bright and we’re ready to go on the ambitious plans of significantly growing our business.”