Thu Oct 24 12:40:00 UTC 2024: Netgem has acquired Gamestream’s Cloud Gaming operations, including all assets, customer contracts, and the technology team. This acquisition will enhance Netgem’s ability to offer immersive TV content and expand its presence in emerging markets through established relationships with telecom operators like Jio in India and Telkom Indonesia. The CEO, Mathias Hautefort, emphasized that this move positions Netgem in the rapidly growing “Entertainment tech” market, enabling them to provide innovative and cost-effective solutions to operators. The deal will also create new distribution opportunities for video game publishers, particularly in emerging regions. Financial details of the acquisition were not disclosed.

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