To “develop the technology platform to support the sports betting”, an area that supports the activity of the Paddy Power Betfair group, BLIP now increases “the ability of its competence center” with the integration in the new Port Tech Hub and hiring 60 new employees.
in a statement, the company’s managers state that “this is a 30% strengthening of the team”, adding to the already 250 members currently working in the BLIP. And the explanation is simple: the merger between Paddy Power and Betfair in April, gave rise to the “biggest online gaming group listed on the stock exchange” and is leading to a reorganization of its technological development centers. We recall that BLIP was acquired in January 2012 by Betfair, one of the most famous houses online gambling world. And since last month the BLIP had announced the hiring of 11 new employees.
The same process triggered the need to pass the activity of BLIP to Porto Tech Hub, which opened yesterday in the heart of Porto, and thus double the office area of 2,400 to 5,000 square meters.
the Port Tech Hub was created by BLIP in along with two other Portuguese companies, Critical Software and Fafetch. Located in Trindade Domus building, the association has as its purpose “to raise the city’s visibility in the ICT sector, increasing the networking in these areas and creating partnerships with companies and organizations linked to the sector.”
BLIP’s annual budget is currently 15 million and investment of Paddy Power Betfair in Portuguese company will have 25 million. The English group bill every year 1.2 billion pounds, one of the 40 largest companies listed on the London Stock Exchange
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