0001193125-12-509190.txt : 20121220 0001193125-12-509190.hdr.sgml : 20121220 20121220060710 ACCESSION NUMBER: 0001193125-12-509190 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20121219 FILED AS OF DATE: 20121220 DATE AS OF CHANGE: 20121220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GIGAMEDIA LTD CENTRAL INDEX KEY: 0001105101 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-30540 FILM NUMBER: 121275801 BUSINESS ADDRESS: STREET 1: 57 TUNG HSING RD FOURTH FLOOR STREET 2: TAIPEI TAIWAN (886-2)8768-3020 CITY: REPUBLIC OF CHINA STATE: F5 ZIP: 00000 6-K 1 d455969d6k.htm FORM 6-K Form 6-K

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15D-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of December, 2012

Commission File Number: 000-30540

 

 

GIGAMEDIA LIMITED

 

 

8F, No. 22, Lane 407, Section 2, Tiding Boulevard

Neihu District

Taipei, Taiwan (R.O.C.)

 

 

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F  x            Form 40-F  ¨

(Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

Yes  ¨             No  x

(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b) :82-            .)

GIGAMEDIA LIMITED is submitting under cover of Form 6-K:

 

  1. GigaMedia Demonstrates New Cloud Platform (attached hereto as Exhibit 99.1)

 

 

 


Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    GigaMedia Limited
    (Registrant)

Date: December 19, 2012

    By:  

/s/ Dirk Chen

    (Signature)
    Name:   Dirk Chen
    Title:   Chief Financial Officer
EX-99.1 2 d455969dex991.htm GIGAMEDIA DEMONSTRATES NEW CLOUD PLATFORM GigaMedia Demonstrates New Cloud Platform

Exhibit 99.1

 

FOR IMMEDIATE RELEASE    For further information contact:
   Brad Miller, Investor Relations Director
   Country/City Code 8862 Tel: 2656-8016
   brad.miller@gigamedia.com.tw

GigaMedia Demonstrates New

Cloud Platform

Addresses Critical Needs of

Large, Underserved SME Market

TAIPEI, Taiwan, December 18, 2012 – GigaMedia Limited (NASDAQ: GIGM) (“GigaMedia”) today provided a preview of the company’s new, self-developed GigaCloud platform, demonstrating a bundle of new products at an event in Taipei that was attended by the media, industry professionals and potential partners.

GigaCloud is an integrated platform of cloud-based tools and services for SMEs – a simple, efficient way for SMEs to outsource their critical IT needs and upgrade their business with technology that provides cost savings, productivity improvements, and flexibility.

“We are delighted to unveil our cloud offerings and begin educating the market on the benefits our services will provide,” stated GigaMedia Chief Executive Officer Collin Hwang. “Many SMEs rely on legacy IT and communications systems and have no in-house IT support; they need flexible, mobile and affordable technology solutions that leverage the Web to improve their business, which is driving a global migration to new cloud solutions.”

“Our bundled solutions will allow SMEs to get their businesses online and collaborating faster, delivering significant productivity gains and dramatically lowering telecommunications costs,” stated CEO Collin Hwang.

Traditional communications systems cost thousands of dollars to set up and maintain and costs vary monthly. GigaCloud eliminates the need for complex hardware, lengthy installation, and technical support, providing SMEs with the power and flexibility of advanced communications systems that are simple, affordable and accessible in and out of the office.

GigaCloud will initially include the following bundle of services:

 

 

Cloud-based PBX services that greatly lower telecom costs and increase quality and flexibility, including unlimited local and reduced rate domestic and international long distance service;

 

 

Cloud storage for file and data editing and sharing anywhere, anytime;


 

Cloud faxing with Web-based transmission and storage making faxing simple and mobile;

 

 

Video surveillance, including a Web cam that will allow for off-site monitoring; and

 

 

Cloud leasing, including leasing of cloud services and related hardware that will provide SMEs an affordable way to grow.

Cloud services for SMEs in Taiwan and China is a largely untapped opportunity and lags the US in adoption. There are over one million SMEs in Taiwan and strong growth of cloud services regionally is forecast, driven by SMEs.

To help penetrate the market, product launch is planned in strategic partnership with Taiwan-based Chailease Holding Co Ltd to capitalize on the firm’s large SME customer base. Chailease is Taiwan’s number one leasing company with approximately 42 percent market share. The firm has a wide product offering, including financial services, leasing, and installment sales and serves approximately 15,000 SMEs in Greater China.

GigaMedia plans to expand the scope and reach of its services through additional strategic channel and technology partnerships going forward.

Launch of GigaCloud is scheduled for March 2013.

About GigaMedia

Headquartered in Taipei, Taiwan, GigaMedia Limited (Singapore registration number: 199905474H) is a diversified provider of online games and cloud computing services. GigaMedia’s online games business develops and operates a suite of games in Asia, with focus on Web-based/mobile games. The company’s cloud computing business is focused on providing SMEs in Greater China with critical communications services and IT solutions that increase flexibility, efficiency and competitiveness. More information on GigaMedia can be obtained from www.gigamedia.com.

The statements included above and elsewhere in this press release that are not historical in nature are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. GigaMedia cautions readers that forward-looking statements are based on the company’s current expectations and involve a number of risks and uncertainties. Actual results may differ materially from those contained in such forward-looking statements. Information as to certain factors that could cause actual results to vary can be found in GigaMedia’s Annual Report on Form 20-F filed with the United States Securities and Exchange Commission in April 2012.

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