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New CFO at Multimedia Games

There has been a rumor circulating that Multimedia Games was about to be taken over by one of several companies supposedly vying for the company. Supposedly, Bally Technologies and WMS Industries are both in talks to purchase the company – however, that has not been confirmed by anyone from within any of the companies.

Analysts say that after an extensive external search for a CFO, Multimedia Games had to look inside the company for someone to fill the position. They say that after spending almost eleven months trying to find someone to replace Craig Nouis shows that they are probably looking to change from their independent status. The company ended up with Randy Cieslewicz, who had been interim CFO since May of last year, when Nouis left the country.

The company was forced to look at several avenues to continue the company operating as it is, and it looks as though that might not be possible. The analysts say that with Bally and WMS already having joint ventures in place with the company, that it would only make sense for one of the slot machine designers to take over the gaming company.

The companies would be looking to expand what Multimedia Games is already doing – which is running a bank of slot machines off of one server instead of several. This would be quite a coup for either of the slot machine companies, and a natural marriage.

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