Cloud Computing: Intel to Buy RealNetworks IP
January 27, 2012
Grazed from Sys Con Media. Author: Maureen O’Gara.
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."…
RealNetworks and Intel signed an MOU to collaborate on future support and development of the next-generation video codec software and related products.
Real is trying to return to profitability.