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DDD (LON:DDD) Group (DDD 28.25p/£37.74m)
DDD Group, the Company that is engaged in the development and licensing of software and hardware intellectual property and technologies for the conversion of 2D content to 3D (and also the supply of originally made 3D content), has announced that it has signed a two-year licence agreement with a mobile manufacturer to combine its TriDef 3D conversion software with the manufacturer’s latest smartphones. The technology will allow users to benefit from glasses-free functionality, the convenience of which is all the more important in the world of mobile telephony, and demonstrates the versatility and appeal of the technology. The ‘leading’ manufacturer will pay DDD quarterly royalties based on the production of handsets, which will be available from retailers in Asia, Europe and the US. The agreement also includes a one-off development and licence fee.
DDD has already made significant developments in the gaming and television- in October last year the Company announced a collaboration with AMD that combines DDD’s comprehensive TriDef stereoscopic 3D software and AMD’s next generation of graphics processors, whilst in the television segment Samsung (who is currently the only fully integrated TV and chip manufacturer) has been using the software since the release of its first 3D TV (its offerings represent the vast majority of 3D TV’s sold globally), which is now established as the largest operator in the market space. DDD’s technology is also likely to influence a large proportion of television users over the best part of the next decade (in its concentrated introduction) and beyond- 3D televisions were introduced to the mass market during late 2009/early 2010, though DDD has offered none of the hardware itself, instead developing a unique technology that turns a 2D visual into 3D, with seamless consistency. The latest announcement demonstrates the wide spread applicability of the technology and the demand for it and we continue to look out for news on the Company with great interest.