GigaMedia Teams Up with Atos to Strengthen Cloud Business and Accelerate
Growth; Launches GigaCloud
Strategic cooperation with Atos, a global leader in technology services,
brings world-class quality and security to GigaCloud's existing SME solutions;
will help promote product and develop new offerings
TAIPEI, Taiwan, April 3, 2013
TAIPEI, Taiwan, April 3, 2013 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM)
announced today a strategic cooperation with global technology consultant Atos
to strengthen and further develop GigaCloud, GigaMedia's platform of cloud
solutions for small-to-medium-enterprises (SMEs).
Under the agreement, Atos will provide customer service solutions and back-end
systems integration to GigaCloud. The two companies will also work to
co-develop new services for SMEs.
Based in Taipei, GigaCloud is a provider of integrated cloud solutions and
services designed to help SMEs improve their business performance and
bottom-line results. GigaCloud's offerings currently consist of
communication-oriented services, including hosted PBX telephone systems and
hosted Internet fax service; and value-added services, such as hosted video
camera surveillance systems and hosted cloud storage.
Based in France, Atos is a global provider of hi-tech transactional services,
consulting and technology services, systems integration and managed services.
For the past twenty years, Atos has managed and integrated the contributions
of all technology partners and suppliers for the Olympic Games, delivering
seamless and secure technology operations and services.
"Cloud computing is driving a global revolution in the way IT services are
delivered to consumers; businesses now have easy access via the Internet to
tools, capacity and solutions that help enterprises go to market faster and
easier with lower capex requirements and flexible running costs," stated Atos,
Asia Pacific Chief Executive Officer Herbert Leung. "This is particularly
beneficial to SMEs. Together with GigaCloud, we will create highly innovative
and competitive services and generate new business opportunities in the SME
cloud service market where strong growth is anticipated."
"Small business owners in Asia are only just starting to realize they can
bypass IT departments by getting the software and systems they need as a
service, and paying for cloud services with simple, more cost-effective
subscriptions," stated GigaMedia Limited Chief Executive Officer Collin Hwang.
"GigaCloud's solutions and services are designed to meet critical needs of
SMEs and help businesses rapidly and easily migrate to the cloud in a scalable
way with a pay per use model."
"We are building a top-caliber product and team and moving quickly in this
emerging market; cooperation with Atos will play a key role," stated GigaMedia
CEO Collin Hwang. "It will allow us to deliver bank-grade security that SMEs
can trust; it will also extend our market presence, helping us find new
distributors and customers."
"It's an exciting time in the IP communications industry in Asia and we look
forward to working closely with Atos to capitalize on opportunities in
cloud-based business solutions," stated GigaMedia CEO Collin Hwang.
GigaCloud launches operations; plans additional partnerships
With Atos providing top-quality customer service solutions and back-end
systems integration, GigaMedia also announced today that its GigaCloud
business has launched operations.
Introductory subscriptions for GigaCloud begin at approximately US$27 per
month, which includes GigaLink, a virtual office solution that creates hosted
telephone networks for businesses and assigns office extensions to mobile
phones, enabling mobile professionals to increase their productivity and lower
communications costs. Subscriptions for a suite of services are approximately
US$50 per month, which includes GigaLink, GigaBox storage, and GigaFax.
GigaMedia plans to continue expanding the scope, reach, and quality of its
GigaCloud offerings through additional strategic channel and technology
partnerships going forward.
Atos SE (Societas europaea) is an international information technology
services company with annual 2012 revenue of EUR 8.8 billion and 76,400
employees in 47 countries. Serving a global client base, it delivers Hi-Tech
Transactional Services, Consulting & Technology Services, Systems Integration
and Managed Services. With its deep technology expertise and industry
knowledge, it works with clients across the following market sectors:
Manufacturing, Retail & Services; Public sector, Healthcare & Transports;
Financial Services; Telecoms, Media & Technology; Energy & Utilities. Atos is
focused on business technology that powers progress and helps organizations to
create their firm of the future. It is the Worldwide Information Technology
Partner for the Olympic and Paralympic Games and is quoted on the NYSE
Euronext Paris market. Atos operates under the brands Atos, Atos Consulting &
Technology Services, Atos Worldline and Atos Worldgrid. For more information,
Headquartered in Taipei, Taiwan, GigaMedia Limited (Singapore registration
number: 199905474H) is a diversified provider of online games and cloud
computing services. GigaMedia's online games business develops and operates a
suite of games in Taiwan and Hong Kong, with focus on Web-based/mobile games.
The company's cloud computing business is focused on providing SMEs in Greater
China with critical communications services and IT solutions that increase
flexibility, efficiency and competitiveness. More information on GigaMedia can
be obtained from www.gigamedia.com.
The statements included above and elsewhere in this press release that are not
historical in nature are "forward-looking statements" within the meaning of
the "safe harbor" provisions of the Private Securities Litigation Reform Act
of 1995. GigaMedia cautions readers that forward-looking statements are based
on the company's current expectations and involve a number of risks and
uncertainties. Actual results may differ materially from those contained in
such forward-looking statements. Information as to certain factors that could
cause actual results to vary can be found in GigaMedia's Annual Report on Form
20-F filed with the United States Securities and Exchange Commission in April
For further information contact:
Brad Miller, Investor Relations Director
SOURCE GigaMedia Limited
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