GigaMedia Ltd. announced that Steve Tsao has joined the company as president and chief operating officer of the company's FunTown online games business. Mr. Tsao has a proven track record in the online games business, having co-founded and grown two publicly listed game companies. Mr. Tsao co-founded Tahadi Games and led the company from November 2008 to December 2011 as chief executive officer.

Prior to that, Mr. Tsao co-founded IP E-Games in the Philippines. Mr. Tsao was also founder, director, and chief operating officer of IP-Ventures Group from 2004 to 2008.