Tuesday, June 9, 2015

BWI: JetSynthesys Acquires Gaming Company Xerces Technologies

 
Source : JetSynthesys Pvt. Ltd.
Tuesday, June 9, 2015 1:15PM IST (7:45AM GMT)
 
JetSynthesys Acquires Gaming Company Xerces Technologies
Strengthens its Celebrity Digital Gaming Portfolio "PlayIzzOn"
 
Mumbai, Maharashtra, India

JetSynthesys Pvt. Ltd., a part of the Navani family owned JetLine Group of Companies, today announced the acquisition of Pune based gaming company Xerces Technologies. Having achieved success in the application development market, the 10 year old company, Xerces Technologies, developed India’s no. 1 game with over 9 million downloads way back in 2008. Having a series of successes in the online gaming market the company has developed some of the most downloaded games across various app stores such as Cricket Unlimited, StickMan fighter, Bull Fighter, Mad Car Racing and the movie based game Bang Bang.
 
“JetSynthesys & Xerces are both believers and understand that there is a wide opportunity available for the growth of mobile gaming in India” said, Mr. Rajan Navani, Vice Chairman, Managing Director and CEO, JetSynthesys. “Through this acquisition, JetSynthesys will strengthen our already robust digital gaming portfolio, PlayIzzOn, to become a larger player in the gaming space focused on building gaming experiences for the global market including celebrity games and enabling games to monetise effectively in India.  Xerces brings to JetSynthesys a strong team that understands the complexities of delivering world class commercially successful products.
 
Mr. Xerxes Mullan, Founder & Chief Executive Officer, Xerces Technologies said, “We are elated to become a part of JetSynthesys as this will accelerate our joint efforts to become an extremely valuable gaming company in the world. JetSynthesys’ technological capabilities in the analytics and digital marketing space are at par with the best in the world and that should help further enhance our value proposition to the end consumer.”
 
About JetSynthesys

JetSynthesys Pvt. Ltd. is part of the Navani family owned JetLine Group of Companies. JetSynthesys is the group’s most innovative company in the promising Digital and Technology Business World with a vision to create world class digital products, platforms and services in India and play an active role in the digital daily life of 1.2 billion Indians extending that to all individuals on the planet through very powerful targeted big data analytics and unbeatable content and user experiences.  The company is currently attempting to reach every household member in India with content that is curated responsibly and resonates with the aspirational needs of its consumers. Over time these will become next generation globally trusted digital platforms and have the immense potential to transform the daily lives of people by solving complex problems using digital technologies. JetSynthesys currently operates six business divisions, MereeDhun with music, PlayIzzOn with gaming, Wakau in partnership with CA Media Digital in celebrity video blogging, DigiAdz with targeted digital advertising, DataLytiX with big data analytics and the Digital Technology Innovation Factory (DTIF) with a range of products and services. Infosys co-founder and former Vice Chairman and CEO of Infosys, Kris Gopalakrishnan is the Non Executive Chairman of the Company, Rajan Navani is the Vice Chairman, Managing Director and CEO, Parimit Parmar serves as the Executive Director and COO while Rakesh Navani  is the Finance Director of the Company.

For further details, please visit www.JetSynthesys.com

About Xerces Technologies

Xerces technologies are pioneers in mobile application development with extensive experience in working on J2ME, Symbian, Windows Mobile, Android, Brew and Iphone platforms. We recognize mobile technology as the next bastion of IT innovation and leverage our In-depth and vast knowledge base towards developing some of the most unique and ground breaking applications. It has been our continued endeavor to bring more to the handhelds in terms of utilities that were not available on mobile devices earlier.

Xerces technologies develops mobile solutions around the customer needs using its optimized software development life cycle approach of design, development, testing and release. We are able to provide cost effective, high quality, time bound delivery of projects from our sate of the art facility based out of Pune India. We follow BS7799 ISO:27001 standards. We have worked with clients in most geographies. This has helped us understand unique requirements of various regions and expand our knowledge base to provide products best suited to our clients need.

 
Media Contact Details

Ayan Dutta, Madison India, ,+91-9820885653 , ayan@fort.madisonindia.com

 

KEYWORDS: Business/ Finance:Advertising, PR & marketing, Business Services, Information Technology, Media & Entertainment, SME, Technology, Telecommunications;General:Consumer interest, Entertainment, Internet, Start Up

 

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