TransGaming, founded in 2001 and headquartered in Toronto, Canada is a leading provider of the digital distribution of games through Smart TV’s, set-top boxes and the connected living room as well as cross-platform game enablement, 3D graphics rendering and parallel computing.
With the acquisition, NVIDIA will open an office in Toronto, its first in Canada. This office is initially expected to be staffed with approximately 15 employees from TransGaming.
Dennis Ensing, CEO of TransGaming commented: “The sale of our porting and game enablement technology to NVIDIA was important for us to be able to focus on the growth engine of our business and strengthen its financial structure. GP Bullhound made a significant impact in guiding our transaction strategy, then helping us manage both the approaches to identified buyers and negotiations masterfully to generate a win-win outcome.“
Ali Dagli GP Bullhound Partner, commented: “We are happy to have advised on a very strategic deal for both TransGaming and NVIDIA and are looking forward to witness the great value Gavriel and his team creates at their new home for NVIDIA and NVIDIA customers.”
This represents the completion of GP Bullhound’s 12th transaction in 2015 and further demonstrates the firm’s commitment to working with category leading businesses in the gaming sector.
For inquiries please contact Ali Dagli, Partner: email@example.com
As dealmakers in technology, GP Bullhound provides independent strategic advice on mergers and acquisitions and private placements to entrepreneurs, companies and investors. By combining a true passion for innovation with great access to global buyers and capital across Europe, US and Asia, GP Bullhound has completed transactions with many category leaders including Avito, Delivery Hero, Fjord, King.com, Pingdom, Pozitron and Spotify. The firm was founded in London in 1999 and today also has offices in San Francisco, Stockholm, Berlin and Manchester.
TransGaming provides global brands and audiences with the freedom to play. GameTree™ TV, TransGaming’s on-demand cloud gaming service, is accessible to the largest connected TV distribution footprint in the world – available to play on over 100 million Smart TV’s and set-top boxes. TransGaming’s cross-platform capabilities enable PC & console titles with world leading games franchises and development partners for the Smart TV market with ease and efficiency. Headquartered in Toronto, with offices in Tel Aviv and Kiev, TransGaming is a public company listed on Canadian TSX Venture Exchange. More at www.transgaming.com.
Since 1993, NVIDIA has pioneered the art and science of visual computing, The company’s technologies are transforming a world of displays into a world of interactive discovery – for everyone from gamers to scientists, and consumers to enterprise customers. For more information, please visit www.nvidia.com