RealD plans IPO of up to $1 billion

Listing targeted for this summer, according to reports

NEW YORK -- RealD, a company that provides 3-D technology to theaters, is planning a possible $1 billion initial public offering, the Financial Times reported on Tuesday.

The listing, targeted for this summer, would capitalize on the success of recent blockbusters such as "Avatar," the newspaper said, citing several people familiar with the matter.

A spokesman for RealD declined to comment.

The company, based in Los Angeles, licenses its cinema systems to theaters and also provides technology to consumer electronics manufacturers and other users, according to the company's Web site.
comments powered by Disqus