Terraplay Systems: Terraplay Attracts SEK25 Million (US $3.2 Million) Investment.STOCKHOLM, Sweden -- Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. , Inc. added as investor in Terraplay at recent financing round. Swedish provider of middleware solutions and services for connected and multiplayer gaming Two or more people playing a game and competing with each other via computer. Although traditional card games such as bridge and poker are played online, games with a large number of people (massively multiplayer) mix real players with simulated environments that turn the computer into a recently closed an additional round of financing, bringing in Cisco Systems, Inc. as a new shareholder. SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 25 million was raised from Cisco, IT-Provider, Nordic Venture Partners, and VPSA VPSA Vice President for Student Affairs VPSA Vainshtein-Presnyakov-Sobelman Approximation (formerly Viventures). The additional financing will be used to speed up the rollout of Terraplay's global gaming network, serving games publishers who want to provide connected gaming to a mass market on a global scale. The gaming network is based on the MOVE connected gaming platform, providing support for global and local communities, multiplayer servers with global connectivity, and in-game billing, as well as business tools to operate and monitor global communities. Terraplay is also very active in developing gaming solutions for IMS (1) See IP Multimedia Subsystem. (2) (Information Management System) An early IBM hierarchical DBMS for IBM mainframes. IMS was widely implemented throughout the 1970s under MVS and continues to be used under z/OS. (IP Multimedia Subsystem An integrated network for telecommunications carriers that uses the IP protocol as its foundation for packetized voice, video and data. Supporting voice over IP (VoIP) in all its flavors (SIP, H.323, MGCP, etc. ), the new upcoming standard for mobile network service layer architectures, and is participating in trials with a large number of operators. Among other things, IMS enables users to contact friends to talk, chat, video call or play with just a click in the phone book, with one username for all services. Terraplay has demonstrated an IMS gaming solution where gamers can play a multiplayer game and talk to the opponents at the same time, in a similar fashion to Xbox Live. "I welcome Cisco onboard as a shareholder of Terraplay", says Terraplay CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Sven Halling. "Through this partnership we will not only be able to get access to the latest technology but also be able to draw on the global presence of Cisco which will be very useful in building our global gaming network." "We are seeing connected multiplayer gaming finally taking off at several mobile operators", says Fredrik Adams, Venture Partner at VPSA, "and we are very pleased that Terraplay is consolidating its position by winning prestigious contracts with leading game publishers and mobile operators." About Terraplay Terraplay operates a global gaming network, enabling game publishers, network operators and service providers to deliver revenue-generating connected gaming services to large communities across all channels. We offer a complete solution for mobile connected gaming on all platforms, including a powerful lobby with strong community tools for all types of games Major categories: Sports
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