Bidding for the rental giant has ended and Dish Network has emerged as the highest bidder. They offered up $320 million for the company, but expect to pay around $228 million in cash when all is said and done.
Blockbuster is about to go up on the auction block with a "stalking horse" bid of $290 million. There are plenty of companies rumored to be interested, including Amazon, Netflix and Redbox. It makes sense that a competitor would buy the rental chain, but there's one potential buyer that's come right out of the blue.
Marchon3D makes designer 3D glasses for use in movie theaters and with passive televisions and projectors. The problem is that they're not exactly an easy sell in the mall. In a movie theater though, they seem like they could do very well.
The Consumer Electronics Association is looking for a new 3D standard and the folks at XpanD think they've got just the thing. The company has teamed with Panasonic to create a standard in 3D glasses that would help to make compatibility issues a thing of the past. Their new glasses would use two-way technology that would let the glasses communicate with your home theater, and adjust themselves based on the brand and model of your setup.
Though RealD is the current leader in theatrical 3D, Dolby is in hot pursuit. The company's new 3D glasses are light, stylish, and cheap. They're also made to be reused, instead of being recycled or trashed.