Rizvi Traverse Management completed the acquisition of RealD for £365m.

Rizvi Traverse Management, an investment management firm, completed the acquisition of RealD, a licensor of stereoscopic technologies, for £365m. “I am excited about the future of RealD, where in partnership with Rizvi Traverse, we can continue to maximize the value inherent in RealD’s cinema platform and leading IP portfolio. As a private company, RealD will have the flexibility and resources to further invest in our continued cinema leadership and visual technology innovation,” Michael Lewis, RealD chairman and CEO.