Luxin-Rio Acquires Volfoni

Shandong Luxin-Rio Visual Technology Company Ltd has acquired 3D specialist, Volfoni. Financial details of the transaction were not disclosed. The companies have been collaborating since 2012 and Luxin-Rio already owned 10% of Volfoni, purchased in 2014.

Volfoni recently announced that it had won support in India for its 3D cinema technology. (Indian Cinema Chain Goes 3D)