BEVERLY HILLS, Calif., Feb. 23, 2017 /PRNewswire/ -- RealD has acquired the remaining assets of MasterImage in a transaction that closed today. 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 remains committed to visual technology innovation and to protecting our intellectual property around the world," said RealD Founder and CEO Michael V. Lewis.
RealD pioneered digital 3D and has a platform of over 29,000 RealD 3D equipped screens in 72 countries. As the world's leading 3D cinema system provider with over 570 issued or pending patents, RealD has been more instrumental in perfecting, promoting and providing a premium quality 3D experience than any other company.
RealD has offices in Beverly Hills, Boulder, London, Oxford, Moscow, Shanghai, Beijing, Taipei, Hong Kong, Seoul and Tokyo. For more information, please visit our website at www.reald.com.
For more information:
Elzer & Associates on behalf of RealD
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