New Delhi, April 18: Metaverse and gaming technology platform OneVerse, on Thursday, acquired the online poker site PokerSaint for an undisclosed sum. This marks the fourth acquisition by OneVerse. "PokerSaint's pioneering gaming strategies and fair market position make them an ideal addition to OneVerse Gaming as we seek to expand our player base and boost shareholder value over the long term," Paul Michael, CEO of OneVerse Gaming, said.

According to the company, the acquisition will help OneVerse strengthen its market position and broaden its product portfolio. "This partnership will enhance our ability to innovate and expand, bringing unparalleled experiences to our users. With OneVerse's resources and our deep understanding of the poker community, we are set to revolutionise the online poker industry," said Kshitij Anilkumar, founder of PokerSaint. Google Fires 28 Employees Involved in Sit-In Protests Over Israel Government Contract, Says 'No Place for Such Behaviour at Workplace'.

Moreover, the company mentioned that the integration of PokerSaint’s innovative practices with OneVerse’s robust technological framework promises to elevate the online gaming experience, offering state-of-the-art, player-centric poker games and services. Rivian Layoffs 2024: US-Based EV Company Cuts Nearly 1% of Its Total Workforce in Its Second Round of Layoffs This Year To Reduce Cost Amid Slow Electric Vehicle Demand.

"The combined entity will focus on expanding its market reach and engaging with diverse gaming communities, setting new benchmarks in the industry," said Anilkumar.

(The above story first appeared on LatestLY on Apr 18, 2024 01:06 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).