Global Gaming Factory X

{{Short description|Swedish advertising and software company}}

{{Use dmy dates|date=November 2023}}

{{update|date=April 2010}}

{{Infobox company

| name = Global Gaming Factory X

| logo =Global Gaming Factory Logo

| type = Corporation

| location = Stockholm, Sweden

| industry = Software, Advertising, P2P

}}

Global Gaming Factory X AB was an advertising and software company based in Sweden 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.{{citation needed|date=December 2021}}

On 30 June 2009, Global Gaming Factory X announced its intention to buy the popular BitTorrent site The Pirate Bay.{{cite web|url=http://www.cisionwire.com/global-gaming-factory-x/acquisitions-of-the-pirate-bay-and-new-file---sharing-technology--p2p-2-0 |title=Global Gaming Factory X – press release |publisher=Cision Wire |accessdate=2009-06-30 |url-status=dead |archiveurl=https://web.archive.org/web/20100228202104/http://www.cisionwire.com/global-gaming-factory-x/acquisitions-of-the-pirate-bay-and-new-file---sharing-technology--p2p-2-0 |archivedate=28 February 2010 }} 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.[http://www.globalgamingfactory.com/pressrelease-090630.pdf Acquisitions of The Pirate Bay and new file sharing technology, P2P 2.0] {{webarchive |url=https://web.archive.org/web/20090806110827/http://www.globalgamingfactory.com/pressrelease-090630.pdf |date=6 August 2009 }}{{cite web |title=Pirate Bay founders get rich in jail |work=Reuters |date=July 2009 |archive-url=https://web.archive.org/web/20230406140643/https://www.reuters.com/article/internetNews/idUSTRE55T1QF20090630 |archive-date=2023-04-06 |url-status=live |url=https://www.reuters.com/article/internetNews/idUSTRE55T1QF20090630}} Due to the buyers' financial troubles, the site was not sold.{{citation needed|date=December 2012}}

Prior to the announcement, trading in GGF's stock was suspended due to abnormal trading volumes, leading to suspicions of insider trading.{{cite news|url=http://www.swedishwire.com/business/422-pirate-bay-buyer-suspected-of-insider-trading-|title=Pirate Bay buyer suspected of insider trading|date=30 June 2009|publisher=The Swedish Wire|accessdate=2009-07-01|archive-url=https://web.archive.org/web/20090801191611/http://www.swedishwire.com/business/422-pirate-bay-buyer-suspected-of-insider-trading-|archive-date=1 August 2009|url-status=dead}} 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.{{Cite web |date=2014-08-28 |title=Global Gaming Factory X AB – Företagsinformation |url=http://www.allabolag.se/5565515938/Global_Gaming_Factory_X_AB |archive-url=https://web.archive.org/web/20140828022028/http://www.allabolag.se/5565515938/Global_Gaming_Factory_X_AB |archive-date=2014-08-28 |access-date=2022-08-09 }}