Unedited press release follows:
Giant Interactive Acquires Leading Developer Jargon Technologies
NEW YORK, April 15, 2016 — Giant Interactive, a pioneer in innovative digital services, creative content and interactive media services, today announced the acquisition of Jargon Technologies, a leader in advanced technology for home video distribution, development and services capabilities for Blu-ray™, iOS and Android. Jargon has built a strong reputation as a topline provider of special projects coding, software tools, and trouble-shooting in advanced interactive media. Jeff Stabenau, President of Giant Interactive, made today’s announcement.
“I have been extremely impressed with the work of Bhanu Srikanth and her team at Jargon in the past seven years,” commented Stabenau. “Technology evolves quickly and Jargon Technologies has led the way through those changes in the Blu-ray™ and mobile industries. They’ve built a distinguished client base during this time and been entrusted with major projects. We are proud to be adding Jargon to the Giant Interactive family.”
“Giant Interactive is a perfect fit for Jargon,” added Bhanu Srikanth, previously CEO of Jargon Technologies. “They understand our business and have the resources to help us reach the next level. Now our technical team can fully focus on R&D while ensuring that our clients receive the very best possible development expertise, client service and design in this ever-changing marketplace.”
Under the new agreement, Srikanth will take the title of CTO for Giant Interactive with former COO of Jargon, Nathan Epstein, becoming Giant’s Solutions Architect. All current Jargon Technologies employees will be retained as Giant Interactive employees, further augmenting Giant’s existing mobile, web and interactive development resources. Jargon will continue to provide license and support for Indigo, a leading authoring system for Ultra HD Blu-ray™ independently.
Founded in 2009, Jargon Technologies has developed strong relationships with studios, creative, and authoring partners, demonstrating peerless expertise in next generation media technologies. Their work encompasses R&D, standardization, cutting edge cross platform interactivity, publication of curriculum for developers & vendors and training seminars. The authoring framework that Jargon has created has been utilized on countless studio releases, allowing authoring and post-production facilities to deliver product without fear of compatibility issues.
About Jargon Technologies
Jargon Technologies is an established leader in advanced software development for emerging media platforms such as Blu-ray, iOS, Android, Windows and Connected TV. Jargon provides products as well as software development services for various platforms. Jargon’s continued innovation and ongoing research into evolving technologies enables their clients and partners to establish production and deployment on new platforms quickly.
About Giant Interactive
For over a decade, Giant Interactive has been a provider of innovative digital services for our clients and partners including HBO, The Weinstein Company, CBS, Lionsgate, Warner Bros., Cinedigm, RLJ Entertainment, Acorn Media, MLB, NHL and many others. With offices in Los Angeles, New York and Denver, Giant Interactive offers its clients superior worldwide digital platform delivery, OTT and streaming applications and well as UHD BD, Blu-ray and DVD authoring. For more information, visit www.giant-interactive.com.