Comments (0)
News |  16 Feb 2013 21:25 |  By RnMTeam

Vuclip acquires core assets of Jigsee

MUMBAI: Mobile video and media company Vuclip has acquired core assets of Jigsee, a mobile video streaming company, for an undisclosed sum.

As per an official release, the core assets will bring to Vuclip considerable mobile app development talent, as well as additional proprietary video streaming technologies. Vuclip plans to offer new apps to complement its browser strategy in India, the Middle East and South East Asia.

The company highlights that its vision is to provide mobile video for consumers worldwide, regardless of device type or network quality, and by extension, deliver value to strategic business partners such as content providers, advertisers and carriers.

Vuclip CEO Nickhil Jakatdar said, "Jigsee saw the same huge opportunity that we did. Consumers in emerging markets are more often than not using low-cost smartphones, such as the Asha Series from Nokia or Android devices from Samsung, on constrained networks. This is a huge audience for the mobile ecosystem to reach -- but requires creative problem-solving to ensure a quality user experience.”

He added, "Vuclip tackles this problem with unique technology innovation on the browser side, while Jigsee approached it primarily with an application-based approach. The combination of these two will now deliver optimal value to consumers -- on both feature phones and low-cost smartphones -- as well as business partners in a way that no one else has done before and will accelerate our reach into new markets."

Tags
Games