GigaMedia Limited (GigaMedia) is a provider of gaming software and services to the online gaming industry, particularly the online poker and casino markets, and an operator of online games in Greater China, including the People’s Republic of China (PRC), Taiwan, Hong Kong and Macau. GigaMedia operates its gaming software and services through Cambridge Entertainment Software Limited (CESL), its wholly owned subsidiary. GigaMedia is a holding company, that operates two principal businesses through its subsidiaries. Through its gaming software and service business, it develops and licenses online poker and casino gaming software solutions and application services, primarily targeting continental European markets. Its online games business operates a portfolio of online games, primarily targeting online Greater China markets. In December 2009, Societe des Bains de Mer announced that its 50%-owned subsidiary, Mangas Gaming, acquired 60% stake in Everest Gaming from GigaMedia.