RealD Acquires Tessive

Beverly Hills-based 3D movie projection technology developer RealD has acquired motion image processing technology developer Tessive, the company said Wednesday. Financial terms of the acquisition were not announced. According to RealD, it acquired the technology and assets of Tessive in order to launch a new product, RealD TrueMotion, which helps correct imperfections in motion capture. As part of the buy, Tessive founder Tony Davis has become a Senior Scientist at RealD.