Beverly Hills, CA (February 23, 2017) – 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.
About RealD Inc.
Globally recognized as the world’s visual technology leader, RealD pioneered digital 3D cinema and today has the world’s largest 3D cinema platform. RealD’s dominant market share is comprised of a network of theatres that include more than 29,000 installed screens with a backlog of 4,000 additional contracted installations in 72 countries with over 1,200 exhibition partners. RealD is the world’s preeminent 3D brand, with well over 1.5 billion people having experienced a movie in RealD 3D.
RealD has offices in Beverly Hills, Boulder, London, Moscow, Shanghai, Beijing, Hong Kong and Tokyo. For more information, please visit our website at www.reald.com.