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Real Deal Boosts Intel's Entertainment Cred
Posted by: Erika Morphy January 27, 2012 09:16 AM

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Intel is buying about 190 patents, 170 patent applications, and next-generation video codec software from RealNetworks. The terms of the sale will allow RealNetworks to retain certain rights to continue using the patents in current and future products. In addition to the sale, RealNetworks and Intel signed a memorandum of understanding to collaborate on the development of the video codec software and related products. RealNetworks will be able to monetize these assets, generating additional capital for investment in new businesses and markets, said President and CEO Thomas Nielsen.

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