JetSynthesys, a part of the Navani family owned JetLine Group of Companies, 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 monetize 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.”
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