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The acquisition is anticipated to close later this year, adding but yet another huge-name organization to Evolution’s already impressive catalogue. These claims, which it mentioned have been from an anonymous third party aiming to discredit the organization, wiped billions from the supplier’s marketplace 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 incredible tournaments and competitive gaming experiences back to you this year and beyond," they stated. But NetEnt’s current M&A of its own has kept the business relevant and now made it central to this new equation. The supplier’s share cost jumped SEK 56.00 to SEK 77.00 as news broke. Just before its takeover by NetEnt, Red Tiger was speculated to have been expanding at a rate of 50%. NetEnt has duly benefited from this growth but so too now will Evolution – not least when it comes to its quarterly reports when any potential merger is completed.