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Everest Poker

GigaMedia Limited
Public
Traded as NASDAQGIGM
Industry On-line MMORPG, Casual Games, and Casino games
Founded 1998
Founder Chester Koo
Headquarters Taipei, Taiwan
Key people
Mr. John Stringer, CEO
Revenue $54.6 million USD Q1(2008)
$12.9 million USD Q1(2008)
$12.1 million USD Q1(2008)
Number of employees
501 (2007)
Website gigamedia.com.tw

GigaMedia Limited is a major provider of online entertainment software and services. GigaMedia develops software for online entertainment services, including the global online gaming market. GigaMedia’s FunTown game portal is a leading Asian casual games portal and the world’s largest online MahJong game site in terms of revenue. GigaMedia operates the EverestPoker.com poker site.

Founded by Chester Koo and Raymond Chang in October 1998, GigaMedia was incorporated in September 1999 as a company limited by shares organized under the laws of the Republic of Singapore, and completed an initial public offering of its shares on NASDAQ on February 24, 2000.

Under new management in 2004, GigaMedia began to restructure.

A subsidiary of GigaMedia, FunTown is one of the leading casual game platforms in Asia, with approximately six million registered users and a wide variety of casual games, including the world’s largest MahJong platform in terms of revenue. FunTown generates revenues through access fees and also through the sales of various in-game items. It was founded in 1998 by the Acer computer company. They are based in Greater China, with offices in Shanghai, Hong Kong, and Taiwan.

FunTown’s casual games are designed for players of all levels of skill and experience, from the complete beginner to the “Game Master.” FunTown also provides services, such as game clubs for players, tournaments related to FunTown’s online casual games, and social networking. The company’s software allows users to create their own online persona – offering players a wide selection of clothing, styles, icons and other elements to individualize a player’s online look.


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