Kelowna Tech Company Acquires Brazilian Company

| September 4, 2014 in Local News

Local Community Advertising

A Kelowna based tech company has announced a major acquisition of a game accelerator which will launch them into the Brazilian market.

WTFast has acquired Semlag and will merge all of the company’s customers, IP, manpower and assets with the Kelowna company. The Brazilian market is large and rapidly growing with an estimated 17 million gamers in the country. PC based games is the leading form used with over 96 per cent using that format.

“We’re excited about acquiring Semlag. Brazil is a rapidly growing market for us and having a deeper foothold and physical presence there will help accelerate growth in that important business region,” said Rob Bartlett, CEO and Co-Founder of WTFast. “With an expanded geographic presence that now includes Kelowna, BC, San Francisco, Ca. and São Paulo, Brazil, WTFast continues to increase its geographic penetration to better support and develop large, important, gaming markets.”

Semlag was founded in 2010 and is recognized as the top game acceleration service in Brazil for many popular games. The merger will further strengthen WTFast as the dedicated wide area network (WAN) designed exclusively for the global MMO gaming ecosystem.

Local Community Advertising

Trending Stories

You can now enjoy an alcoholic beverage at these 8 Kelowna parks

Operation Barcode: 5-day Kelowna shoplifting blitz produces 34 arrests

Section of Bernard Avenue now closed for setup of vehicle-free zone

BC nurse suspended after claiming more than $23K for shifts she didn't work

'Not going to happen': John Rustad says he won't quit as BC Conservatives leader

'I'm going to have to shoot you all': BC Interior teacher reprimanded after joke about math test falls flat

Mother bear that attacked woman in BC won't be killed

There are other ways to help workers without jacking up the minimum wage