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Intel shells out $120M in patent buy

Posted: 10 Apr 2012 ?? ?Print Version ?Bookmark and Share

Keywords:patent application? video codec? software?

Intel Corp. has acquired patents and software from RealNetworks Inc. in a deal that amounted to $120 million. In January, RealNetworks has announced its plan to sell about 190 patents, 170 patent applications and next-generation video codec software to the semiconductor chip maker.

Under the terms of the deal, RealNetworks retains certain rights to continue to use the patents in current and future products and does not expect the sale will have any material impact on its businesses, the company indicated.

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