Real 3D Creative Labs Completes Acquisition of Bopping Heads and Expands Executive Managment Team
San Francisco, CA, December 3, 2014 (Newswire.com) - Real 3D Creative Labs (R3CL), announed today that it has completed its acquisition of assets within Bopping Heads Entertainment, a developer of entertainment and amusement applications and technologies.
Through this acquisition, Real 3D Creative Labs takes control of a limited group of applications developed by Bopping Heads Entertainment and additionally provide comprehensive management insertion in the areas of cross-platform migration, application development and customer relationship mangement. Real 3D Creative Labs will now provide comprehensive cloud and on-premise platform offerings that enable developers to focus on new technologies available to migrate to existing products. Additionally, the company plans to revamp the current customer relationship model by implementing its own CRM platform.
"We are excited to add their group of products to our existing line, and have already begun the process of customer relationship migration."
Phil Mead, President and CEO
Phil Mead, President and Chief Executive at Real 3D Creative Labs said, "Developers will have more freedom than ever before, but there are inherent systems that we must implement first. The developers at Bopping Heads created fantastic systems, but with what we feel is insufficient back-end support. We are excited and enthusiastic to add their group of products to our existing line, and have already begun the process of customer relationsip migration and hope to complete by the end of 1st quarter 2015."
The acquisition, which began in August 2014, finally completed on December 1, 2014, and includes limited assets, inventory, intellectual property as well as patents that are pending. While goodwill was not included in the purchase of assets, the company plans on maintaining its current core of clients who are located in various countries on six continents.
Real 3D Creative Labs (R3CL) is a global technology development company that simplifies the development and management of visual applications as related to the entertainment and amusement industries. Real 3D Creative Labs maintains relationships with major amusement companies and plans to help diversify the mobile entertainment industry. Real 3D Creative Labs can be reached at www.real3dlabs.com or at 1-888-372-0303.