Gem has confirmed that it is to acquire the digital media distribution service, Ztorm.
The deal provides UK distributor and retail services provider, Gem, with a digital distribution platform; one which already specialises in games, films, audio books and music, as well as offering hosting services, online payment systems and customer service management.
On top of this, Ztorm also has a number of existing supplier deals in place, providing digital download services for a range of retailers, including Game, Gamestation, PC World, Dixons and Currys.
"I am delighted to welcome Ztorm to the Gem Group," commented Gem's group strategic development director, Alex Croft.
"The business is exceptionally well placed to develop and grow within an increasingly significant area of the market. As Gem continues to expand the range of retail and partner services on offer – the solutions that Ztorm provide will further enhance our partner offering and the value that we are able to add."
Ztorm’s CEO Anders Emblad added: "We are thrilled to have found a new owner in the Gem Group.
"Joining forces with the Gem Group will enable synergies benefiting our customers and partners in the coming months and years. Our business relationships will continuously grow and we look forward to extending our market and product offerings as we move ahead."
Advertisement
Related Stories
- Gem to distribute Roku streaming platform Mar 15th 2012 at 9:31AM
- WD moves to finalise purchase of Hitachi HDD division Mar 7th 2012 at 11:49AM
- Gem gears up for February Frenzy Feb 6th 2012 at 5:43PM
- Gem signs partnership with Jarre Technologies Feb 2nd 2012 at 12:00PM
- Gem offers mobile gaming environment Jan 25th 2012 at 2:38PM
- Gem appoints Fox as IT director Jan 23rd 2012 at 1:30PM
- Gem to acquire Ztorm Jan 6th 2012 at 1:27PM
- Olympus admits covering up losses Nov 8th 2011 at 11:09AM
Add a new comment
You need to be logged in to post comments. If you do not have an account then please register.
Comments
0 comments
There are no comments yet, be the first to add one!