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Digital Domain Media Group Announces 3D Technology Patent Licensing Agreement with Samsung

[Press Release]

Digital Domain Media Group (DDMG), the parent company of Venice, California-based digital production studio Digital Domain, has entered into an agreement to license its patent portfolio for 3D technology with South Korean consumer electronics company Samsung Electronics Co., Ltd. The licensing agreement is non-exclusive and is the first such license granted by DDMG since the recent inception of its 3D technology licensing initiative.

About Digital Domain Media Group

The foundation of Digital Domain Media Group, Inc., located in Port St. Lucie, Florida, is Digital Domain Productions. This digital production company has created visuals for more than 80 major motion pictures including TRON: Legacy, Titanic and the Transformers series, and hundreds of commercials, and its artists have earned multiple Academy Awards. The company has studios in Los Angeles, Vancouver, San Francisco, Florida, Mumbai and London. www.ddmg.co

See the original post here: http://www.marketwatch.com/story/digital-domain-media-group-announces-3d-technology-patent-licensing-agreement-with-samsung-2011-11-04

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