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The acquisition is anticipated to close later this year, adding but another major-name firm to Evolution’s already impressive catalogue. These claims, which it mentioned were from an anonymous third celebration aiming to discredit the company, wiped billions from the supplier’s market place capitalisation when they were released. Tom and Tony Cannon also shared a message to the Evo community with regards to the acquisition. "The new partnership is committed to bringing awesome tournaments and competitive gaming experiences back to you this year and beyond," they said. But NetEnt’s recent M&A of its own has kept the organization relevant and now created it central to this new equation. The supplier’s share value jumped SEK 56.00 to SEK 77.00 as news broke. Ahead of its takeover by NetEnt, Red Tiger was speculated to have been developing at a price of 50%. NetEnt has duly benefited from this development but so too now will Evolution – not least when it comes to its quarterly reports after any possible merger is completed.