NEXWAY FINALISES RAISING FUNDS OF 14 MILLION EUROS
Very well positioned in Europe via its 10 subsidiaries.
Nexway, a major e-commerce player and European digital games and software e-distributor, announces the finalisation of a new capital structure with the Caisse des Dépôts et Consignations acting on behalf of the FSI, and Oddo Asset Management, with the participation of the company’s longstanding shareholders. This fund raising will enable Nexway to speed up its positioning in all international markets and better anticipate its response to the new issues and usage of digital consumption.
Very well positioned in Europe via its 10 subsidiaries established in the main countries and with key clients and partners such as Microsoft, Dell, Carrefour and Ubisoft, Nexway must now provide itself with the necessary resources to support its clients in a more comprehensive and global fashion.
This fund raising will in particular enable the company to provide services meeting the expectations of its games and software publisher clients who want to rely on Nexway’s e-commerce expertise to promote and sell their products via new digital distribution channels. One of the major concerns of most of its clients is to make a success of the transfer from traditional physical distribution models to digital models with new opportunities for marketing their products. This fund raising will also streng then Nexway’s strategic action plan from the point of view of major market trends such as SaaS, cloud computing, social networks, mobile/PC convergence, etc.
Gilles RIDEL, President of Nexway says: “We are enthusiastic about having gained the trust of major partners such as the Caisse des Dépôts et Consignations and Oddo Asset Management who, on this occasion, join our shareholders CM-CIC Capital Privé, Turenne Capital Partenaires and XAnge Private Equity. This operation will enable us to turn a new page in the history of Nexway, which can thus set off with strengthened resources to conquer many markets in the global digital industry : a very ambitious programme which we savour in advance!”
Nexway is a leading digital e-commerce player and a strategic partner for Software vendors, PC Games publishers and e-merchants worldwide. The company has enjoyed a rapid growth thanks to strong and diversified partnerships with leading retailers and e-merchants, including: 01net, Dell, Fnac, Orange, Gamestop, Pixmania, VirginMega, ElCorteIngles, Tom’sGuide, Softwareload; key software vendors, such as: Microsoft, Avanquest, Kaspersky, Lavasoft, Mindscape, and Nero; and video-game publishers, including: EA, Ubisoft, THQ, Sega, Atari and Take 2. Being a leading provider of turnkey e-commerce solutions to e-content publishers and major Internet players Nexway is committed to delivering high-quality, cutting-edge titles to consumers through its broad portfolio of exciting software and video games, enriched by its acquisition of Boonty in January 2009 ( www.boonty.com). Nexway has established subsidiaries in 10 countries and distributes software and games for download in more than 50 countries globally. In 2008, Nexway reached the million download milestone and in
2009, for the third year in a row Nexway ranks in the Top 100 of Deloitte’s Technology Fast 500 EMEA. To learn more, please visit www.nexway.com