Global Gaming Factory X
AB was an advertising and software company based in
Sweden
Sweden, formally the Kingdom of Sweden, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, and Finland to the east. At , Sweden is the largest Nordic count ...
that relies on Internet cafes and gaming venues as its medium. Global Gaming Factory X uses Smartlaunch and CyberCafePro's installed base of cafe management software at thousands of internet cafes and gaming centers around the world for digital distribution of advertising, software and services to the large groups of tourists at Internet cafes and the gamer community at gaming venues.
On 30 June 2009, Global Gaming Factory X announced its intention to buy the popular BitTorrent site
The Pirate Bay. It also announced its intention to buy shares of Swedish P2P company Peerialism
AB. Peerialism develops solutions for data distribution and distributed storage based on new P2P technology. The transaction was planned to take place in August 2009. Due to the buyers' financial troubles, the site was not sold.
Prior to the announcement, trading in GGF's stock was suspended due to abnormal trading volumes, leading to suspicions of
insider trading. Global Gaming Factory X AB has been under receivership since the turn of the year 2011/2012. The bankruptcy was closed on 21 August 2013.
References
External links
Peerialism AB
{{BitTorrent
Companies based in Stockholm
The Pirate Bay
Online companies of Sweden