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WTFast Moves Deeper into Brazil Gaming Market with Game Accelerator Acquisition(August 27, 2014)
Kelowna, BC, Canada (PRWEB) August 27, 2014
The transaction merges all Semlag customers, IP, manpower and assets with WTFast, and gives WTFast a new physical presence in the large and rapidly growing Brazilian market.
The Brazil MMO game market now tops an estimated 17 Million Gamers and is a major gaming hub, with PC based games being the leading form of game play used by over 96% of local gamers.
Were excited about acquiring Semlag. Brazil is a rapidly growing market for us and having a deeper foothold and physical presence there will help accelerate growth in that important business region, said Rob Bartlett, CEO and Co-Founder of WTFast. With an expanded geographic presence that now includes Kelowna, BC, San Francisco, Ca. and São Paulo, Brazil, WTFast continues to increase its geographic penetration to better support and develop large, important, gaming markets.
Founded by Giovanni Menezes & Cristiano Costa, Semlag, which means without lag in Portuguese, has been a leading game accelerator in Brazil since 2010. The Semlag service is recognized as the top game acceleration service in Brazil for the game Tibia and many of the popular games in Brazil. The merger will further strengthen WTFast as the dedicated wide area network (WAN) designed exclusively for the global MMO gaming ecosystem. It just made a lot of sense, said Giovanni Menezes, Co-Founder of Semlag WTFast is the leader in the field, is growing in popularity in Brazil, and is best positioned to support the Brazilian MMO gaming market.
WTFast is the Gamers Private Network (GPN), a global, wide area network built exclusively for the transmission and delivery of MMO/MOBA game data. Founded in 2010, The WTFast GPN is designed for the global, half a billion user-strong MMO gaming market. The WTFast GPN is now used by gamers in every major city around the world and is accessible via a simple desktop application or third party partner applications. The WTFast GPN gives the gamer multiple network options and paths to connect to their game ensuring the user always has the optimal game connection & data transmission speed, stability and experience. The WTFast GPN is designed to act as an industry network backbone / infrastructure that those in the MMO gaming ecosystem can use and benefit from.
Read the full story at http://www.prweb.com/releases/2014/08/prweb12124691.htm.