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Cinram acquires JVC America's videogame software division

Cinram, a Najafi Companies affiliate, has acquired JVC America (JAI), the games software division of JVC Americas Corp., a subsidiary of JVC KENWOOD Corporation. Terms were not disclosed. The deal is expected to close within 30 days.

With manufacturing and distribution operations in Tuscaloosa, Alabama, and Kennesaw, Georgia, JAI specializes in the manufacturing and fulfillment of gaming software for major gaming publishers. The company also provides turnkey fulfillment services such as packaging, shipping and inventory management to satisfy the supply chain needs of software content providers.

JAI is a supplier of optical media, supply chain management and logistics services whose core vertical markets include leading publishers of interactive entertainment products, OEMs, software publishers, marketing continuity and subscription-based clubs and online retailers.

Toronto-based Cinram is a leading service provider to the entertainment industry and one of the largest global manufacturers and distributors of pre-recorded media products for leading motion picture studios, record labels and game publishers. Cinram also provides turnkey packaging and distribution services to a growing number of non-media clients.

Cinram says this transaction provides "the scale necessary to adapt to the changing landscape of the physical media industry, while strengthening its supply chain and expanding its product offerings to new and existing game publishing clients."

"Video games are one of the pillars of our global media business," said Steve Brown CEO of Cinram. "This acquisition supports our games group significantly and allows us to further develop our offerings to our media clients."

Story filed 15.05.14

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