Monday, June 27, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
MediaTek Launches Linato-compatible Helio X20 Development Board For ADnroid Developers
Qualcomm Announces 5G NR sub-6 GHz System and Trial Platform
Samsung Trademarks The 'Ahead' Communication Device
Intel Could Sell Cyber-Security Unit
Microsoft Says Scorpio System will Not Offer Higher Frame Rates With Xbox One Games
China to Regulate Search Results Ads
HTC Apologizes For Poor Results, Pins Hopes On VR
MediaTek To Invest $6.15 billion on 5G Communication Technologies
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
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
Intel Could Sell Cyber-Security Unit
Intel Tries To Reverse $1.2 Billion Antitrust Fine at Top EU Court
Intel 72-core Xeon Phi Chip Challenges GPUs In Machine Learning Applications
iPhone 7 To Have Intel Chips Inside
Intel Custom Foundry Certifies Mentor Graphics Tools for 10nm Tri-Gate Process
New Intel Xeon Processor E7 v4 Family Delivers 24-core Horsepower For Real-Time Analytics
Computex: Intel Launches 10-core Core i7 Processor Extreme Edition And Xeon Processor E3-1500v5 Family
Sony Joins Forces with Cogitai to Conduct Research and Development for Artificial Intelligence
Brian Krzanich Outlines Intel's Future Strategy
Microsoft Positions Windows 10 As A Platform for the Intelligence Revolution
Intel To Axe 12,000 Jobs, Focuses On Cloud And Smart, Connected Computing Devicess
Intel Outlines Next Generation of Experiences At 2016 Intel Developers Forum Shenzhen

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .