DG2L, UFO digitalize cinemas in Europe

    MUMBAI: DG2L Technologies, which owns a 49 per cent stake in UFO Moviez, has supplied a record 1500 digital cinema systems to UFO.

    UFO Moviez CEO and executive director Sanjay Gaikwad said, “The technology that DG2L Technologies possesses and provides is par excellence. In consideration and recognition of their expertise, we couldn’t have chosen a better partner for our sophisticated and hi-tech movie delivery platform. Thanks to the technology they provide, we rest assured of smoothly and effortlessly delivering superb quality of movie viewing to our audiences across the world.”

    Digital movies are encrypted and compressed computer files that can be stored on a secure disk or cartridge, or sent through broadband cable or via satellite. Those large files are downloaded on a secure digital storage server, a robust computer system connected to a digital projector located in the projection booth of the movie theatre.

    DG2L Technologies director and CEO Ankur Sheth added, “We see a huge potential in the digital cinema systems business and have set a target to touch 3000 theatres in the next 18 months.”      

    DG2L is headquartered in New York, has manufacturing operations in Taiwan, registered office in Singapore, Europe support in Brussels and R&D centers in Mumbai and Pune.