SAN MATEO, Calif.--(BUSINESS WIRE)--Jaunt Inc., the global partner of choice for producing and distributing immersive content, announced today the acquisition of Personify’s Teleporter line of business, including key staff, IP, and pending patents. Personify is an augmented and virtual reality company with a product line of applications for streaming immersive video. This includes Teleporter, a volumetric streaming software system that captures, processes, and streams life-like AR assets in real-time.
The talent and IP-driven acquisition will directly support Jaunt's recently announced volumetric research and development initiatives for the Jaunt XR Platform, a B2B solution that enables partners to distribute augmented, virtual, and mixed reality assets through their own applications and channels. Jaunt’s proprietary approach to volumetric content utilizes a low-profile capture stage and real-time processing, leveraging the Jaunt XR Platform’s existing streaming technology for delivering high-quality VR and AR experiences.
“The addition of Personify’s Teleporter team and technology allows us to increase the speed and scope of our research and development as we move further into the extended reality arena with the Jaunt XR Platform at the core of our business,” said Arthur van Hoff, Jaunt CTO and Founder. “We’re honing in on fully immersive virtual, mixed, and augmented reality experiences, and are thrilled to advance those technologies with the help of our new Chicago-based team.”
Jaunt focuses on building business-ready solutions for creating and sharing next-generation immersive content, with an emphasis on supporting mobile content delivery channels and providing portable, affordable, and scalable creation tools. The seven Personify engineers joining Jaunt’s R&D team will continue to drive these efforts forward. Simon Venshtain, Personify CTO, will become Director of Research, reporting to van Hoff and leading the new Chicago-based team. In addition to new talent, Jaunt acquires four pending patents developed around Personify's Teleporter technology and expands its footprint by taking over the Personify office in Chicago.
“Jaunt has an incredible reputation and the company’s smart approach to business has made them a primary player in the XR space,” said Venshtain. “We’re excited to join forces and continue advancing the business to deliver new solutions for XR content creation and distribution.”
Jaunt has been at the frontlines of immersive content since 2013, quickly becoming the premier producer and distributor of award-winning VR for consumers and a leader in XR content development. Building on the technology it created to deliver its own immersive content, Jaunt has evolved into a B2B-focused company that helps partners create and deliver new forms of XR content spanning augmented, virtual, and mixed realities. This acquisition furthers the company’s dedication to supporting global brands, publishers, and their customers by being the industry’s turn-key solutions provider for mobile streaming and sharing of immersive content.
Jaunt is the leading XR solutions provider, helping partners produce and distribute the full spectrum of immersive content (virtual reality, augmented reality and mixed reality). Through its full-service global production house, Jaunt Studios, and the Jaunt XR Platform’s state-of-the-art distribution technology, Jaunt enables companies to leverage XR to tell their stories in the emerging immersive age.
With a portfolio of over 350 groundbreaking productions, two Emmy nominations, one Emmy Award, and two Lumiere Awards, Jaunt Studios leverages creative discipline and innovative production capability to bring partners’ stories to life in XR.
To solve the challenges of distributing immersive experiences, the Jaunt XR Platform is a distribution technology upon which enterprise customers, media companies, and brands rely to share AR, VR, and MR content through their own channels.
Jaunt is a two-time selection for Fast Company’s World's Most Innovative Companies and back-to-back selection for CNBC’s Disruptor 50 List. Headquartered in San Mateo, California, the company maintains Jaunt Studios in Los Angeles, an international headquarters in London, and a sales office in New York. In 2017, Jaunt established Shanghai-based Jaunt China, formed in partnership with Shanghai Media Group (SMG) and China Media Capital (CMC).
Jaunt’s investors include The Walt Disney Company, Evolution Media Partners, CMC, Highland Capital Partners, Redpoint Ventures, SMG, Axel Springer, ProSiebenSat.1 SE, The Madison Square Garden Company, Google Ventures, Peter Gotcher, and Sky. Experience more at www.jauntxr.com.