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Iwerks takes Pioneer reins

Burbank’s Iwerks Entertainment, which specializes in ride simulation and other location-based attractions, has acquired Pioneer Technology Corp. and related entities and technologies, including patent rights, for an undisclosed amount of cash and stock.

Pioneer is the creator of specialty and large-format projection systems, including a 70mm projector that uses a pro-prietary process. Iwerks said Pioneer’s technology is a stable, pin-registered, nonfriction format that transports the film on a column of air. The technology is known as Linear-Loop.

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