Ainsworth buys US games developer

Poker machine and gaming manufacturer Ainsworth Game Technology has bought US-games developer MTD Gaming Inc for an initial consideration of US$13 million. The Sydney company will pay an additional US$13 million to MTD’s private owners on the delivery of financial targets and contract renewals. Ainsworth, founded by Len Ainsworth who started the world’s second-largest gaming…

Issartel – HIFraser aims to build submarine industrial capability

An ambitious international/Australian partnership is seeking to build Australian sovereign industrial capabilities in three key areas of technology to be installed on Australia’s future Attack class submarines. Issartel – HIFraser is calling for manufacturers skilled in high precision machining, boiler making, welding, surface and heat treatment services. The company is a combination of Sydney-based H.I.…