MIAMI, April 8, 2019 /PRNewswire/ -- Louis Hernandez Jr. of Black Dragon Capital, a growth-oriented private equity fund focused on technology investment opportunities in industries disrupted by digitization, and Digital Joy, a new Cloud-based Software-as-a-Service (SaaS) media technology company, today announced a strategic partnership with Beijing Jetsen Technology Co., Ltd, a large publicly traded media and technology China-based company. Under this exclusive relationship, Jetsen will distribute Digital Joy's suite in greater China and Digital Joy will westernize and commercialize several leading Jetsen products for the global market. The two companies plan simultaneous product launches at IBC.
"This strategic alliance offers tremendous upside for all parties," says Louis Hernandez Jr., founder of Digital Joy and CEO of Black Dragon Capital. "Digital Joy's Cloud-based, open API system holds the potential to fundamentally change the way content is created and distributed in China, while Jetsen's innovations will find unique inroads to the global marketplace."
Digital Joy combines the most advanced and proven cloud-based media technology with unmatched service and client friendly commercial terms to the industry to solve the most important issues it faces. This includes higher standards for service, private, hybrid and public cloud deployment options with subscription-based contracts.
"Digital Joy and Jetsen's partnership will enable the future transformation of the entire media industry to leverage the latest cloud enabled services," said Mohamed Abuagla, former CIO and CTO of Al Jazeera Media Network, and member of the Digital Joy team. "Consumers will gain access on a global scale to the best news content creation, curation and distribution platform on the market."
The company was formed by Louis Hernandez's Black Dragon Capital Development Fund, combined with some of the most well-known media technology executives in the world. Mr. Hernandez has an unmatched record for founding and growing market leading companies and creating billions in value, whether his $1+ billion sale of Open Solutions to Fiserv, the turn-around of Avid, or his recent founding efforts on behalf of Payveris and Ryff, two of the latest examples of disruptive leaders.
"Digital Joy's leadership team and advisors are accomplished media and technology leaders with a track record of creating market leading companies and significant enterprise value," said Shengli Han, CEO of Beijing Jetsen Technology Co. "As one of the largest media content and technology players in Asia, we are thrilled to work with Digital Joy to expand our product suite on a global scale, offering previously unavailable technologies that are open API based, legacy free and cloud enabled, to help Jetsen build a stronger market presence."
Demos and Launch at IBC
Digital Joy will be offering private demos of its new technology during the 2019 NAB Show in Las Vegas (April 6-11). Demos will be available in a private suite at the Wynn Las Vegas throughout the show. Following the private demos in April, Digital Joy and Jetsen will launch their products simultaneously at IBC, the world's most influential media, entertainment & technology show, in Amsterdam in September. To be invited to the Digital Joy "invitation-only" private demonstration, reach out to email@example.com.
"IBC is the ultimate gathering of the world's top media, entertainment and technology professionals," said Jean-Paul Lausell, Director at Black Dragon Capital. "The launch of Digital Joy and Jetsen's products at IBC by industry leaders and a leading technology player will lead the introduction of advanced cloud technology in the global media technology market."
For more information or to request a demo, please visit www.digitaljoy.media or contact:
Todd Aydelotte, Allison+Partners
Black Dragon Capital
Black Dragon Capital is a private equity fund focused on growth investments, particularly in digital commerce, financial services and media technology. Black Dragon's team of industry professionals have significant operational experience, strong financial backgrounds, proven track records of success and investment experience, ranging from startups to billion-dollar organizations in both public and private vehicles. The company leverages its network expertise and deep domain knowledge to assist in accelerating growth and profits in selected markets – all while working closely with entrepreneurs. Learn more at https://blackdragoncap.com/.
Digital Joy is a new innovative cloud-based Software-as-a-Service (SaaS) media technology company partnered with the largest media companies in the world to bring innovative and proven Cloud-based solutions to the media industry. The company was founded by Louis Hernandez's Black Dragon Capital Development Fund, combined with some of the most well-known media technology executives in the world. It was created to help leading media and business organizations meet their strategic media technology needs by giving them access to the most advanced Cloud-based media technology in the world. Learn more at www.digitaljoy.media.
Beijing Jetsen Technology Company
Founded in 2006 and headquartered in Beijing, China, Beijing Jetsen Technology Company designs, develops and implements integrated audio and video solutions to the radio, film, television, defense, research, government and education industries. It provides media asset management systems, information security systems, non-linear editing systems, integrated network solutions, and station monitoring and surveillance solutions. It is the No. 1 new media content IP trading provider and one of the biggest films and TV content production companies in China. Its businesses cover the entire media industry chain, including creative investment in film and television production, TV show production, digital content distribution, media services, advertising, etc. It has over 1,400 employees and is listed on the Shenzhen Stock Exchange (stock code 300182). For more information, visit http://www.jetsen.com.cn/.
SOURCE Black Dragon Capital