RealD has won an important patent recognition in Europe for its “light doubler” technology.
Global visual technology company RealD Inc. (NYSE: RLD) announced today the issuance to it by the European Patent Office of a patent that covers the fundamental optical architecture of the company’s XL Cinema System, which is the world’s brightest and most widely used cinema 3D projection technology.
“The issuance of this European patent builds on the significant patent position we have globally around our XL Cinema System and validates our inventive approach,” said Robert Mayson, Managing Director of RealD Europe. “We place great value on our intellectual property and its ability to ensure the industry’s brightest, premium visual experience for our partners and moviegoers around the world.” LINK
It seems that a deal for Indian multiplex major BIG Cinema could be imminent.
BIG Cinemas, a 100-per cent subsidiary of Anil Ambani-led Reliance Capital, has lined up three suitors for a Rs 800-crore [USD $130 million] deal on the lines of the merger agreement that Reliance MediaWorks (RMW) had inked with global media and entertainment giant Prime Focus Limited in July.
According to sources, Carnival Films Private Limited, a South India-centric company, has emerged as the front runner for the deal while PVR Limited and Inox Leisure Limited are also in the race. LINK