CryptoLogic and BossMedia to merge?

Hot of the press, I found this rumour about the 2 poker networks CryptoLogic and BossMedia to merge in 2009 ... . BossMedia is a subsidiary of GTech and the move is part of a so called "alignment and growth strategy" - predictions say that this merge will create savings of up to $15 million for CryptoLogic.

Boss Media will take responsibility for providing poker solutions to CryptoLogic's poker licenses such as Sun Poker, Playboy Poker, InterPoker, Betsafe Poker and William Hill as part of this agreement.

The president and chief executive officer of CryptoLogic, Brian Hadfield, said: "This partnership provides our poker customers with access to one of the largest poker networks in the world, while helping CryptoLogic reduce costs substantially." He also added that it would help the firm to "leverage" its lead in branded content games developed in partnership with some of the top entertainment brands across the world.

According to the Canadian Press, CryptoLogic is predicting a more successful year in 2009, despite the current loses of about $5.9 million between July and September 2008