RoundBox Inc., a Florham Park, N.J.-based provider of mobile broadcast software, has acquired the assets of Jacked Inc., a Santa Monica, Calif.-based provider of media interactivity solutions. No financial terms were disclosed. RoundBox has raised $43 million in VC funding from Montagu Newhall Associates, ITOCHU Techno-Solutions Corporation and return backers Core Capital Partners, Polaris Venture Partners and RRE Ventures. Jacked had raised nearly $8 million from Core Capital Partners, Gabriel Venture Partners and Provenance Ventures.
Roundbox, Inc., the global leader in mobile broadcast software, today announced the acquisition of Jacked Inc.’s technology and intellectual property. Jacked, Inc., an innovator in real-time, broadcast-synchronized data services, developed pioneering platform and companion applications, which seamlessly deliver rich, real-time Web content contextually synchronized to and complementing live broadcast television. Jacked’s patent-pending technology will be integrated into the Roundbox Mobile Broadcast Suite to enable its broadcast and device customers to deliver enhanced TV viewing experiences.
“The acquisition of the Jacked product portfolio is key to Roundbox’s strategy to expand our momentum in mobile broadcast,” said Dennis Specht, co-founder and CEO of Roundbox. “By complementing broadcast video with information-rich, tightly synchronized interactive media, information, and applications, Jacked has revolutionized the way people will experience TV. This acquisition will take Roundbox to the next level as the company develops new mobile broadcast offerings and drives the next generation of mobile entertainment and communication experiences.”
The Jacked product portfolio provides viewers with a customizable “second” screen experience providing real-time access to Web-based news, local information, sporting events, and other video links and images that are available elsewhere on the Internet but previously could not be pulled together in a single screen or coordinated with currently playing television. The Jacked platform has supported interactive experiences for over 9,000 NFL, NBA, MLB, NHL, NCAA football and basketball games for leading broadcasters including NBC Sports and Olympics, CBS Television Station Group, Fox Sport’s Big Ten Network, Comcast’s Regional Sports Network, Raycom, Tribune, the NBA and NHL among others. Additionally, the Jacked product suite also includes search technology which supports all genres of live and on-demand content including news, sports, drama, reality, event and lifestyle programming.
“Roundbox shares our passion and vision for enhancing the television viewing experience and like Jacked, understands how best to leverage broadcast to deliver unparalleled engagement and monetization opportunities”, said Bryan Biniak, founder and CEO of Jacked. “Jacked’s technology will help Roundbox, coupled with their mobile broadcast expertise and global reach, expand and enrich their current product portfolio. I am looking forward to collaborating with them.”
Additionally, Bryan Biniak has joined the Roundbox Advisory Board. Roundbox will leverage his expertise and industry knowledge as the Company continues to enhance its product portfolio.
Roundbox is the leading provider of mobile broadcast software for broadcasters, mobile operators, and device manufacturers. Roundbox’s award-winning product suite empowers its customers to deliver innovative mobile broadcast applications, enabling them to increase revenue, enhance competitive differentiation, and improve the user experience. For more information, visit www.roundbox.com