As the company that created bullet time for The Matrix their work has been highly influential and still is referenced in many media outlets as recently as November 2022.
After losing in their initial efforts,[3] the three plaintiffs settled for an undisclosed sum in a swap for public stock owned by them that was transferred to Manex Entertainment in March 2000.
[3] The company did raise a significant amount of investment and continued to expand but was eventually sold by Bobo and management to an investor group from Trenton, New Jersey.
The company underwent reorganization including the formation on an interactive division headed by Bill Dawson, formerly of Softnet, Xoom.com and Apple.
[4] In February 2000, the firm announced it had hired a veteran from Industrial Light & Magic as its president, and had garnered millions in investment capital.
[1] In May 2000, the United States Army announced that it was studying the feasibility of using Manex's "bullet-time" technology to build a "holodeck" for training and simulation.
[6] In March 2001 and under new ownership, it was reported that "financial woes" at Manex had prompted Warner Bros. to award the $30 million contract for the second Matrix film to ESC Entertainment.
[4] Manex had already put in "extensive" pre-production work on the two sequels, and it was reported that the company was pursuing legal options to be involved in the project in some way.
[6] Manex subsequently moved to Trenton, New Jersey and in early 2002 became involved in a project to build movie production facilities in the city.
The company intended to convert a 7-acre property into a film production and equipment rental facility for $35 million, with plans to employ several hundred people.