Wednesday, June 03, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Licenses ARM's Mali GPUs
New Aquaris E5 HD Ubuntu Edition Smartphone Launches in Spain
Computex: ASUS Showcases Pen Stick PC Powered By A Cherry Trail CPU
Apple Is Recalling Beats Pill XL Speakers
IBM Buys Blue Box to Accelerate Open Hybrid Clouds
Yahoo Gives Advertisers Fraud Verification Tools
Fujifilm and imec Demonstrate Full-color Organic light-emitting diodes With photoresist technology for organic semiconductors
Microsoft Showcases new Windows 10 Devices At Computex 2015
Active Discussions
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Intel t...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, January 26, 2012
Intel to Buy Patents and Video Codec Software From RealNetworks


RealNetworks has signed an agreement to sell a significant number of its patents and its next generation video codec software to Intel for a purchase price of $120 million.

Under terms of the sale, RealNetworks retains certain rights to continue to use the patents in current and future products.

"Selling these patents to Intel unlocks some of the substantial and unrealized value of RealNetworks assets," said Thomas Nielsen, RealNetworks President and CEO. "It represents an extraordinary opportunity for us to generate additional capital to boost investments in new businesses and markets while still protecting our existing business.

"RealNetworks is pleased Intel has agreed to acquire our next generation video codec software and team," said Nielsen. "Intel has a strong reputation as a technology innovator, and we believe they are well positioned to build on the development work and investment we've made in this area."

"As the technology industry evolves towards an experience-centric model, users are demanding more media and graphics capabilities in their computing devices. The acquisition of these foundational media patents, additional patents and video codec software expands Intel's diverse and extensive portfolio of intellectual property," said Renee James, Intel senior vice president and general manager of the Software and Services Group. "We believe this agreement enhances our ability to continue to offer richer experiences and innovative solutions to end users across a wide spectrum of devices, including through Ultrabook devices, smartphones and digital media."

In addition to the sale of the patents and next-generation video codec software, RealNetworks and Intel signed a memorandum of understanding to collaborate on future support and development of the next-generation video codec software and related products.

RealNetworks does not anticipate that the sale of the approximately 190 patents and 170 patent applications and next generation video codec software will have any material impact on its businesses.


Previous
Next
Apple Patent Application Hints At TV Plans        All News        Android Captures 39 Percent Share of Global Tablet Shipments in Q4 2011
Google Earth 6.2 Released     General Computing News      Sony's CLEFIA Encryption Technology Adopted as an International Standard

Get RSS feed Easy Print E-Mail this Message

Related News
Computex: Intel Introduces 5th Gen Intel Core Broadwell-H Processors, Thunderbolt 3, IoT And Unite Tele-conference Platform
Intel to Acquire Altera For $16.7 Billion
New Intel Purley Xeon Processors Coming in 2017
Fujitsu and Intel To Collaborate On IoT Platform
Intel Advances Cloud Efforts with New Collaboration
Intel Xeon E7 v3 Processor Series Debuts
Intel Accelerates Data Centers With New SSD DC S3510 Series
Luxottica To Release Hi-tech Glasses Powered By Intel
Intel's Pocket-sized Computer Now Available
Intel Reports Lower PC Sales And Higher Data Center Revenues For Q1 2015
Intel's MICA Now Delivers Fashion Tips, Styling Tricks and Weekly Horoscopes
Intel Demos Realsense Camera, Atom x3 Processor And Braswell SoCs at IDF

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .