October 01, 2014 12:59 AM ET

Semiconductors and Semiconductor Equipment

Company Overview of NantWorks LLC

Company Overview

NantWorks LLC specializes in semiconductor technology. The company focuses on semiconductor chips, switches and encryption technologies, augmented reality, novel object and voice recognition technologies, broadband telecommunications services, and ultra-low power remote monitoring devices. The company is based in Los Angeles, California.

11755 Wilshire Boulevard

Suite 2000

Los Angeles, CA 90025

United States

Phone:

310-883-1300

Fax:

310-998-8553

Key Executives for NantWorks LLC

Founder and Chairman
Age: 61
Compensation as of Fiscal Year 2014.

NantWorks LLC Key Developments

JAKKS Pacific, Inc. and NantWorks LLC Enter into Agreements to Create a Joint Venture Company, "DreamPlay Toys LLC" to Develop, Market and Sell Toys and Consumer Products

JAKKS Pacific, Inc. and NantWorks LLC entered into definitive agreements to create a joint venture company, "DreamPlay Toys LLC" to develop, market and sell toys and consumer products incorporating NantWorks' proprietary iD (iDream) image recognition technology. This novel technology enables the consumer to create magic in the real world - using a smart phone or tablet device - to instantly link the physical toy to video content, animation and interactive game play. With the NantWorks' downloaded iD Browser app, a consumer simply points to the DreamPlay toy or image to activate content on a smart phone or tablet device screen, instantaneously bringing the toy to life. JAKKS Pacific plans to introduce a broad product line, which will combine this revolutionary technology with new content, leaving consumers with a memorable and entertaining experience. The new line of toy products is expected to be introduced at November's Los Angeles Toy Fair and at the Consumers Electronics Show in Las Vegas in January 2013. JAKKS Pacific will be responsible for the development, marketing, sales and distribution of toy products using NantWorks' iD (iDream) image recognition platform. Under the definitive agreements, JAKKS Pacific is granted exclusive rights to use the ID technology with its toy products and to arrange for the grant of rights to other toy companies to use the ID technology. JAKKS Pacific and NantWorks have also formed DreamPlay LLC, which will extend image recognition technology to non-toy consumer products and applications, and pursuant to their agreements, JAKKS Pacific will be providing the services of its CEO, Stephen Berman, to act as General Manager of DreamPlay LLC, and other resources, including other personnel and facilities, for DreamPlay LLC's business.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 31, 2013
Alcatel-Lucent, S.A., Digital Multimedia Solutions Business
 

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