- 2CRSI acquires a 12.45% stake in Gamestream
Regulatory News:
2CRSI (Paris:2CRSI), a manufacturer of very high-performance servers and GAMESTREAM, a leader in B2B video game streaming services, today announced the use of 2CRSI servers by two telecom operators Telkom Indonesia and ETISALAT
Since March 2019:
- Fiber and ADSL subscribers of Telkom Indonesia's 170 million subscribers can subscribe to Gameqoo, the service developed by Gamestream on 2CRSI servers and access more than 150 video games;
- more than one million Etisalat customers in Dubai can access the "ELIFE TV Gaming" service directly on their TV sets and subscribe to Gamestream's monthly subscription offers, which include many international titles.
After the Middle-East and Asia, Gamestream will soon launch its streaming video game offering in Europe and North America, taking advantage of the launch of 5G and the dynamism of cloud gaming.
Gamestream has chosen 2CRSI to provide its users with the best streaming gaming experience possible on TV, PC and mobile. The reactivity, the tailor-made nature of the high-performance servers and the geographical coverage of 2CRSI were decisive assets in this decision.
To accelerate the deployment of its solution, Gamestream has just started a first fundraising campaign. 2CRSI, convinced of the company's potential, has contributed approximately €1 million and now holds 12.45% of Gamestream's share capital.
Ivan Lebeau, CEO of Gamestream said: "2CRSI is a key partner in the development of Gamestream. Its offer of tailor-made servers, integrating unique components, allows us to make video game streaming accessible to everyone and in the best gaming conditions possible."
"We are delighted to support Gamestream in its ambitious international development plan. 2CRSI is convinced by the potential and power that Gamestream's offer can represent on the B2B market," said Alain Wilmouth, CEO of 2CRSI.
About Gamestream
Based in Paris and Nancy, Gamestream is a company specialized in high definition video game streaming services. The deployment of these services is carried out through partnership with Telecom Operators and Hotel Groups, to whom Gamestream provides a onestop solution on different media (TV, PCs, Smartphones, Tablets...).
For more information: https://builders.intel.com/docs/networkbuilders/high-performance-streaming-for-game-delivery.pdf
About 2CRSI
Based in Strasbourg, and with subsidiaries in Nanterre, Manchester, Dubai and San Jose at the heart of America's Silicon Valley, 2CRSI specialises in the design and manufacturing of very high-performance computer servers. The Group already has more than 100 customers in 25 countries, to whom it has supplied innovative processing, storage and data transfer solutions. In 2018, the 2CRSI Group had consolidated revenue of €65m, an increase of 112%. It currently employs more than 140 persons.
For more information: www.2crsi.fr
View source version on businesswire.com: https://www.businesswire.com/news/home/20190318005681/en/
Contacts:
2CRSI
Emmanuel Ruffenach
Deputy CEO
investors@2crsi.com
+33 (0)1 68 41 10 60
NewCap
Investor Relations
Thomas Grojean Mathilde Bohin
2crsi@newcap.eu
+33 (0)1 44 71 98 55
NewCap
Media Relations
Nicolas Merigeau
2crsi@newcap.eu
+33 (0)1 44 71 94 98