RealD Acquires Remaining MasterImage 3D Cinema Assets and Technology.
M2 EQUITYBITES-February 24, 2017-RealD Acquires Remaining MasterImage 3D Cinema Assets and Technology
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24 February 2017 - US-based 3D cinema system provider RealD has acquired the remaining assets of 3D cinema systems provider MasterImage, the company said.
RealD had previously sued MasterImage for patent infringement, successfully. MasterImage was recently barred from exporting its movie projection systems by the International Trade Commission.
Terms of the deal were not disclosed.
Assets acquired by RealD include all intellectual property, technology, inventory, and accounts receivable previously controlled by MasterImage.
The acquisition of these assets follows several key legal victories in which RealD successfully asserted their patents against MasterImage.
These victories include a recent court-ordered ban of the infringing products by the US International Trade Commission, and wins against MasterImage in various other jurisdictions around the world.
RealD pioneered digital 3D and has a platform of over 29,000 RealD 3D equipped screens in 72 countries.
It is a 3D cinema system provider with over 570 issued or pending patents. RealD has offices in Beverly Hills, Boulder, London, Oxford, Moscow, Shanghai, Beijing, Taipei, Hong Kong, Seoul and Tokyo.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Feb 24, 2017|
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