on NETGEM (EPA:ALNTG)
Netgem strengthens its position in Cloud Gaming with the acquisition of Gamestream
On October 24, 2024, Netgem announced the acquisition of Gamestream's Cloud Gaming activities. This strategic transaction is part of the group's desire to become a major player in Entertainment Technology. By integrating Gamestream's assets, Netgem is moving from a distributor-integrator to an operator, thereby expanding its immersive TV content offering. This move strengthens relationships with leading telecom operators in emerging markets.
The acquisition, which only concerns Gamestream's assets, aims to strengthen Netgem's recurring revenues from 2025 thanks to the synergies generated. In addition, it increases Netgem's content aggregation scope by maintaining the publisher partnerships already established by Gamestream. This development allows Netgem to offer innovative and cost-effective solutions, particularly in emerging countries, while meeting the growing needs of the video game market.
R. H.
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