Cinema Technology Jun. 04, 2023
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GDC Technology is a leading manufacturer and provider of cinema equipment and solutions including cinema automation systems, cinema servers, cinema enterprise software, cinema storage, cinema audio solutions, and cinema projectors.
 
GDC's products and solutions meet the highly demanding performance, security and reliability requirements established by motion picture studios.

Recent News:
May 18, 2023 B&B Theatres Selects GDC Technology to Enhance the Moviegoing Experience at Its Latest Location
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GDC Technology Limited, a leading global provider of digital cinema solutions, announced today that B&B Theatres (B&B) selected the SR-1000 Standalone Integrated Media Block™ with CineCache™ and built-in cinema audio processor for 5.1 and 7.1 surround sound for the Creve Coeur West Olive 10 luxury entertainment center.

May 16, 2023 LOOK Dine-In Cinemas Selects GDC Technology for Its New Flagship Manhattan Site
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GDC Technology Limited (‘GDC’), a leading global provider of digital cinema solutions, announced today that LOOK Dine-In Cinemas (‘LOOK’) selected SR-1000 Standalone Integrated Media Block™ with built-in DTS:X® for IAB (Immersive Audio Bitstream) decoder to deliver the highest quality audio experience possible.

May 3, 2023 Lotte Selects GDC Technology SR-1000 Media Server for Cinema World Tower in Korea
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GDC Technology Limited (‘GDC’), a leading global provider of digital cinema solutions, announced today that Lotte Cinema selected GDC’s SR-1000 Standalone Integrated Media Block™ for Lotte Cinema World Tower, which is upgrading the projection booth technology as part of a renovation project.

Apr 27, 2023 TOHO Cinemas LaLaport Kadoma Selects GDC Media Servers
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GDC Technology Limited (‘GDC’), a leading global provider of digital cinema solutions, announced today that TOHO Cinemas LaLaport Kadoma owned by TOHO Cinemas Corporation (TOHO Cinemas) will deploy SR-1000 Standalone Integrated Media Block™ and integrate Theatre Management System (TMS-2000)  as well as  web-based Central Management Enterprise Software (CMS-3000).


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Hong Kong—Oct 17, 2011

Carlyle-Led Consortium Acquires 80% Stake in GDC Technology

Asia’s largest digital cinema server provider to accelerate digitalization of movie screens with new shareholder
Global alternative asset manager The Carlyle Group today announced a Carlyle-led consortium, including Yunfeng Capital, has closed the acquisition of an approximately 80% stake in GDC Technology (GDC Tech), Asia’s largest cinema digital server provider, from its existing shareholders. 

The investment was led by Carlyle Asia Growth Partners IV, a US$1 billion fund targeting high-growth companies. Dr. Man-Nang Chong, founder of GDC Tech, will continue to lead the company as CEO and remain a significant shareholder. The new shareholder will continue to support GDC Tech’s growth strategy and accelerate its penetration of digital movie screens in Asia and around the world. Further details of the transaction were not disclosed.
 
GDC Tech was founded by Dr. Man-Nang Chong in Hong Kong 12 years ago; it has since developed into a global player with its products and systems distributed to more than 20 countries globally and an established presence in the U.S., China, Europe, Singapore, Japan and Hong Kong. With more than 11,000 installed servers as of September 2011, GDC Tech ranks second globally, based on publicly disclosed installed servers worldwide.
 
Emerging markets, led by China, are expected to experience the fastest growth in digital movie theatres with faster adoption of new movie technologies, faster upgrade and shorter replacement cycles, outpacing the rate of digitalization in most developed markets. According to a recent study by Entgroup Consulting, an entertainment research group, China’s cinema digitalization level is as high as 70%. GDC Tech is well positioned to further capture this exponential growth in cinema digitalization. GDC Tech believes it is China’s largest digital cinema server provider with more than 4,500 installed servers representing a 54% market share and Asia’s largest player based on its more than 6,800 installed servers.
 
“We are honored to join the Carlyle family,” said Dr. Man-Nang Chong, Founder and CEO of GDC Tech. “Carlyle’s investment will accelerate our global market expansion and further enhance our customer network. Carlyle has a strong presence in the media and technology sector. We will be able to leverage its resources and relationships to further expand our business, strengthen our R&D efforts, grow in new markets, and develop partnership and business opportunities with and beyond Carlyle’s current portfolio of companies.”
 
Wayne Tsou, Managing Director and Head of Carlyle Asia Growth Capital group, said: “GDC Tech’s sustained development, market leadership and strong management team inspired our confidence in the company’s adaptable expansion model and high growth potential. We are excited to play an enabling role in the global cinema digitalization by supporting GDC Tech and Dr. Chong. We look forward to contributing our experience in the media sector and Carlyle’s global network of relationships to accelerate the growth of the company.”
 
The worldwide movie exhibitor industry has been rapidly moving towards digitalization since 2009. There are an estimated 150,000 movie screens in total on a worldwide basis. The digitalization of worldwide screens has grown from 11% as of end of 2009 to 25% as of first quarter of 2011, according to Screen Digest.
 
GDC Tech was previously majority owned by GDC Holdings, a listed company in Hong Kong.


GDC Technology Limited Contacts:

Media Relations:

Tony Adamson
tony.adamson@gdc-tech.com
+1 (214) 686-0491


GDC Technology Limited
Unit 1-7, 20th Floor, Kodak House II, 
39 Healthy Street East, North Point, Hong Kong 
Tel: + 852 2507 9555    Fax:+852 2579 1131
Contact Us


Logo: GDC Technology Limited
About GDC Technology Limited: GDC Technology Limited (‘GDC’) is a leading digital cinema solutions provider with its manufacturing facility certified with ISO 9001:2015 by SGS. GDC develops, manufactures and sells cinema projector, media server for both projector and LED cinema display, content storage system, cinema enterprise software including theatre management system and advanced cinema automation system for the global cinema industry. GDC is a licensee of DTS 7.1 and DTS:X object-based immersive sound technology from DTS, Inc. In addition, GDC also provides a suite of digital cinema products and services, including LED cinema, 3D product, audio processors, speakers, projector lamp, post-production service, and Electronic Delivery System (EDS). GDC Technology Limited Directory page GDC Technology Limited Web Site

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More GDC Technology Limited News:
May 18, 2023 B&B Theatres Selects GDC Technology to Enhance the Moviegoing Experience at Its Latest Location
GDC Technology Limited Logo
GDC Technology Limited, a leading global provider of digital cinema solutions, announced today that B&B Theatres (B&B) selected the SR-1000 Standalone Integrated Media Block™ with CineCache™ and built-in cinema audio processor for 5.1 and 7.1 surround sound for the Creve Coeur West Olive 10 luxury entertainment center.

May 16, 2023 LOOK Dine-In Cinemas Selects GDC Technology for Its New Flagship Manhattan Site
GDC Technology Limited Logo
GDC Technology Limited (‘GDC’), a leading global provider of digital cinema solutions, announced today that LOOK Dine-In Cinemas (‘LOOK’) selected SR-1000 Standalone Integrated Media Block™ with built-in DTS:X® for IAB (Immersive Audio Bitstream) decoder to deliver the highest quality audio experience possible.

May 3, 2023 Lotte Selects GDC Technology SR-1000 Media Server for Cinema World Tower in Korea
GDC Technology Limited Logo
GDC Technology Limited (‘GDC’), a leading global provider of digital cinema solutions, announced today that Lotte Cinema selected GDC’s SR-1000 Standalone Integrated Media Block™ for Lotte Cinema World Tower, which is upgrading the projection booth technology as part of a renovation project.

Apr 27, 2023 TOHO Cinemas LaLaport Kadoma Selects GDC Media Servers
GDC Technology Limited Logo
GDC Technology Limited (‘GDC’), a leading global provider of digital cinema solutions, announced today that TOHO Cinemas LaLaport Kadoma owned by TOHO Cinemas Corporation (TOHO Cinemas) will deploy SR-1000 Standalone Integrated Media Block™ and integrate Theatre Management System (TMS-2000)  as well as  web-based Central Management Enterprise Software (CMS-3000).

Apr 27, 2023 109 Cinemas Selects GDC Technology to Bring the Best Possible Experience to Japan’s Moviegoers
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GDC Technology Limited (‘GDC’), a leading global provider of digital cinema solutions, announced today that 109 Cinemas, owned by TOKYU RECREATION CO.,LTD. (Headquarters: Shibuya-ku, Tokyo, President: Shinzo Kanno) selected GDC solutions for its newest cinema, including SR-1000 Integrated Media Block™, TMS-2000, and the award-winning Cinema Automation (CA2.0) designed to fully automate work while reducing the cost associated with booth operations.

Apr 26, 2023 GDC Technology and Deluxe Collaborate to Automate KDM Delivery and Management Service
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GDC Technology Limited (‘GDC’), a leading global provider of digital cinema solutions, announced today that they have completed integration with Deluxe to completely automate the delivery of Key Delivery Message (‘KDM’) keys, representing a major step towards fully automated management of booth operations.

Apr 26, 2023 Movie Theatre Owners in North and South America Choose GDC Theatre Management System
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GDC Technology Limited (‘GDC’), a leading global provider of digital cinema solutions, announced today cumulative sales in North and South America (The Americas) for its Theatre Management System (TMS-2000) exceeded forecast in 2022 with over 600 screens operated by leading circuits changing out their legacy theatre management system to TMS-2000 software.

Apr 25, 2023 GDC Technology Unveils SATO Series Speakers at CinemaCon 2023 with Live Demonstrations
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GDC Technology Limited (‘GDC’), a leading global provider of digital cinema solutions, announced today the launch of a high-performance speaker series developed for cinemas to deliver an unmatched listening experience. Espedeo, a GDC company will market and sell the SATO Series speakers (SATO) globally.

Apr 25, 2023 Flix Brewhouse Chooses GDC Central Management System to Manage Content Circuit Wide
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GDC Technology Limited (‘GDC’), a leading global provider of digital cinema solutions, announced today that Flix Brewhouse deploys GDC innovative CMS-3000, a web-based central Management Enterprise Software.

Apr 25, 2023 CJ CGV Cinemas Selects GDC as Exclusive Provider of Media Servers
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GDC Technology Limited, a leading global provider of digital cinema solutions, announced today it has won a solicited proposal to be CJ CGV Cinemas exclusive provider from 2023 to 2026.

Apr 24, 2023 Wanda Cinema Line Corp. Selects GDC Technology Ltd as Provider of Cinema Media Servers
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GDC Technology Limited, a leading global provider of digital cinema solutions, announced today it has won a solicited tender to provide Wanda Cinema Line, China’s largest cinema operator with up to 300 digital cinema servers over the next two years.

Apr 24, 2023 Lumiere Pavilions selects GDC Media Servers for the Continuous Improvement of its Cinemas
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GDC Technology Limited (‘GDC’), a leading global provider of digital cinema solutions, announced today it has entered into a significant partnership agreement with Lumière Pavilions. In the future, Lumière Pavilions will fulfil the agreement by installing 100 units of GDC SR-1000 media servers for existing and new projects in China.

Apr 19, 2023 GDC Technology Showcases Flagship Audio Products with Launch of DTS 7.1 and SATO Speaker Series
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GDC Technology Limited (‘GDC’), a leading global provider of digital cinema solutions, announced today that they will launch the company’s latest products at CinemaCon 2023, the world’s largest convention for the exhibition and distribution community held April 24 to 27 at Caesars Palace in Las Vegas.

Mar 16, 2023 GDC Technology Sponsors the Supersession at The HPA Tech Retreat with its High Performance Media Server
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GDC Technology Limited, (“GDC”) a leading global provider of digital cinema solutions, announced today its sponsorship included providing the ultra-high frame rate media server for the 2023 Supersession presented at The Hollywood Professional Association (HPA) Tech Retreat.

Dec 8, 2022 Sales of GDC SR-1000 Exceed Expectations Despite the Supply Chain Issue
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GDC Technology Limited (GDC), a leading global provider of digital cinema solutions, announced today that cumulative global shipments for its SR-1000 Standalone Integrated Media Block™ are on track to exceed its 2022 forecast despite the supply chain issue.

Dec 7, 2022 PVR Cinemas Selects GDC to Upgrade Cinema Technology
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India’s leading multiplex chain, PVR Cinemas (PVR) today announced that it has signed one of the largest agreements announced at CineAsia 2022 with GDC Technology Limited (GDC), a leading global provider of digital cinema solutions.

Dec 7, 2022 INOX Announces Equipment Upgrades with GDC Technology
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India’s leading multiplex chain, INOX Leisure Ltd (INOX) today announced that it has signed an agreement with GDC Technology Limited (GDC), a leading global provider of digital cinema solutions, for upgrading its projection and sound systems to the latest digital cinema media server and audio technology.

Dec 7, 2022 GDC Technology is Ahead of Schedule in Preparing Cinemas for Immersive Audio Bitstream Standard
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GDC Technology Limited (‘GDC’), a leading global provider of digital cinema solutions, announced today that the company’s immersive audio bitstream (IAB) solution developed for its SR-1000 Standalone Integrated Media Block™ has been successfully integrated with over 100 cinema screens worldwide.

Dec 6, 2022 GDC LPU-1000 LED Player Unit Sales Reach Major Milestone
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GDC Technology Limited (‘GDC’), a leading global provider of digital cinema solutions, announced today the worldwide sales and commitments of its LPU-1000 LED Player Unit which directly interfaces to power the Samsung Onyx LED Cinema Screen has exceeded 100 units.

Dec 6, 2022 Cinema Owners Worldwide Embrace GDC Media Server with Cinema Audio Processor
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GDC Technology Limited (‘GDC’), a leading global provider of digital cinema solutions, announced today the company’s SR-1000 IMB with the capability to process 5.1 and 7.1 surround sound, announced in April at CinemaCon 2022, is now deployed in over 500 cinema screens worldwide.
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