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GigaMedia Teams Up With Atos To Strengthen Cloud Business And Accelerate Growth; Launches GigaCloud

Stocks in this article: GIGM

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.

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