Cloud Computing: Intel to Buy RealNetworks IP
Intel last year bid billions trying to get the Nortel patents. Thursday RealNetworks said Intel was paying it $120 million cash for 190 "foundational media" patents, 170 patent applications and next-generation video codec software good for stuff like streaming. The IP is apparently supposed to brace Intel’s Ultrabook, smartphone, tablet and digital media interests.
Intel’s also picking up Real’s video codec engineering team.
Real retains "certain rights to continue to use the patents in current and future products."…