The Conferencing Zone

TMCnet

Conferencing Industry News

TMCNet:  Vuclip Acquires Assets of Mobile Video Streaming Company Jigsee

[February 14, 2013]

Vuclip Acquires Assets of Mobile Video Streaming Company Jigsee

MILPITAS, CA, Feb 14, 2013 (MARKETWIRE via COMTEX) -- Vuclip, the world's largest independent mobile video and media company, today announced that it has acquired the core assets of Jigsee, a mobile video streaming company, for an undisclosed sum.


Vuclip's 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. To further this vision, these core assets will bring to Vuclip considerable mobile app development talent, as well as additional proprietary video streaming technologies.

Consumers will now benefit from more ways to discover and experience mobile video content. Vuclip plans to offer new apps to complement its browser strategy, particularly in India, the Middle East and South East Asia.

"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," said Nickhil Jakatdar, CEO of Vuclip.

"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." "It is inspiring to see Vuclip deliver on its 'All Things Video' strategy so aggressively and quickly," said Jeff Karras, Managing Director, SingTel Innov8. "With more than 45 million monthly unique users, a viable monetization strategy and strong leadership, Vuclip is positioned to capitalize on the massive growth in mobile video." SingTel Innov8 is one of Vuclip's investors.

About Vuclip For millions of people around the world, Vuclip is an essential part of their daily lives. Vuclip serves video on-the-fly, on any device, and in any country, providing unparalleled reach for its partners.

Every day Vuclip delivers more than 25 million videos to consumers all over the world. Vuclip is headquartered in Milpitas, California with offices in New Delhi, Mumbai, Singapore, Dubai, Shenzhen and Beijing. Check out Vuclip on your phone: m.vuclip.com.

Press Contact: Melissa Sheridan Vuclip msheridan@vuclip.com +1-415-609-6875 SOURCE: Vuclip mailto:msheridan@vuclip.com

[ Back To Homepage ]

Featured Ebook

The Conference Room in 2012
and Beyond

The Conference Room in 2012 and Beyond

An in-depth look at how cutting-edge conferencing solutions are overhauling the collaboration experience.

Featured Podcast

With 35 years of experience in the communications industry and a true understanding of the ever-changing advancements in technology, Fontel is positioned to deliver its customers cutting-edge solutions that carry them into the future. With a specialized focus on conferencing, Fontel has partnered with major manufacturers to offer revolutionary voice and data communication products and services. Our discussion today will highlight Fontel and its affiliation with Yamaha and focus on Yamaha's Projectphones, a series of arrayed microphones that feature an acoustically-engineered structural design, as well as its echo canceller, a technology that eliminates audio cut-out and echo for smooth performance.