TOKYO--(BUSINESS WIRE)--Jan 9, 2014--G-cluster Global Corporation (GCG) announced today that Orange S.A. (Orange) has invested in GCG through a private placement of shares to become a minority shareholder. At the same time, GCG renewed its commercial agreement with Orange for the purpose of enhancing G-cluster technology, and promoting overseas business development.
GCG has been providing Orange TV an IPTV service by Orange, with a cloud gaming service since October 2012. The current transaction will further strengthen the ties between the two companies, facilitating technical development, increased game content, and faster global business development.
Erik Piehl, President and Representative Director of GCG said: "We have worked with Orange for a long time and are very happy about the relationship. As a global telecom operator Orange represents a huge opportunity as a business partner for G-cluster gaming platform. The investment from Orange enables us to faster continue our global rollout."
Elie Girard, Executive Vice President of Group Strategy and Development , said: "Cloud-gaming is strategic for Orange, as it is a fast-growing activity for which access to very high-speed broadband networks has become essential.?For Orange, the ability to create value through these networks by offering our customers high quality services is a crucial part of our strategy both in France and across our international footprint."
Vivek Badrinath, Deputy CEO in charge of Innovation, Marketing and Technologies , said: "This partnership will undoubtedly play an important role in the development of our gaming offers in addition to our existing content-based offers in television, VOD and music. The performance of our fiber and 4G networks will enable our customers to benefit fully from family-oriented, console-like games wherever they are and whatever screen they are using. "
About G-cluster Global Corporation
Founded in 2000, G-cluster is the first and largest cloud gaming platform. G-cluster provides a full-featured white label service that offers casual and AAA games to be playable over broadband networks, regardless of the device used to access the service. The company's client base includes Broadmedia Corporation, NTT Plala, SFR and Orange, and content partnerships with leading game studios such as Disney and Ubisoft. G-cluster is headquartered in Tokyo, with offices in Espoo, Finland, Paris, France, and Pittsburgh, PA.
Orange is one of the world's leading telecommunications operators with sales of 43.5 billion euros in 2012 and had 166,000 employees worldwide at 30 September 2013, including 102,000 employees in France. Present in 32 countries, the Group had a total customer base of more than 232 million customers at 30 September 2013, including 175 million mobile customers and 15 million fixed broadband customers worldwide. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services.
Orange is listed on the NYSE Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN). For more information : www.orange.com, www.orange-business.com and on Twitter : @orange, @presseorange, @orangebusiness.
* G-cluster technology
G-cluster is the name of the technology owned by G-cluster Global Corporation. The technology allows for streaming interactive content to various client devices without the need to install software. The video/audio output is streamed to a client device while all programs are executed at the server side. As the client device only needs to decode streamed data, the technology enables reliable and high quality services to be offered for all devices.
All company and product names mentioned herein are trademarks or registered trademarks of their respective companies.
CONTACT: For more information, please contact:
G-cluster Global Corporation
KEYWORD: UNITED STATES ASIA PACIFIC NORTH AMERICA PENNSYLVANIA JAPAN
INDUSTRY KEYWORD: ENTERTAINMENT ELECTRONIC GAMES TECHNOLOGY INTERNET TELECOMMUNICATIONS PROFESSIONAL SERVICES FINANCE
SOURCE: G-cluster Global Corporation
Copyright Business Wire 2014
PUB: 01/09/2014 03:08 AM/DISC: 01/09/2014 03:08 AM