News Desk
Intel to Buy RealNetworks IP
The IP is apparently supposed to brace Intel’s Ultrabook, smartphone, tablet and digital media interests

By: Maureen O'Gara
Jan. 30, 2012 03:45 AM

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.

Published Jan. 30, 2012— Reads 1,551
Copyright © 2012 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
About Maureen O'Gara
Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

In order to post a comment you need to be registered and logged in.

Register | Sign-in

Reader Feedback: Page 1 of 1