Video patent agreement organized by aggregators promotes licensing efficiency

2024-01-13 11:08:54

RPX and Sisvel, both aggregators, represent a group of 16 technology companies and 20 patent owners, respectively, to complete a transaction related to video codecs. The agreement provides participants with a license to patents on Sisvel’s Video Licensing Platform, resulting in significant transaction efficiencies.

Patent rights belong to Dolby, General Electric, Philips, NTT Docomo, Orange, SK Telecom and Toshiba, among others. The full list of licensors is presented below. All of them are represented by Sisvel and participate in the company’s Video Coding Licensing Platform.

This is a great example of a commercially focused collaboration”, notes Nick Dudziak, Strategy Director at Sisvel. “This was a complex agreement in terms of organization, depending on the number of parties and interests involved. However, thanks to the determination they demonstrated in finding solutions, the result was extremely high efficiency in transactions.”

Both RPX and Sisvel represent the interests of a broad group of clients from different sectors. This transaction clearly demonstrates the efficiency of bringing companies together to collectively address common concerns,” added Ryan Elliott, Executive Vice President of Syndicated Acquisitions at RPX.

Proprietários de patentes representados pela Sisvel: B1 Institute of Image Technology, Dolby International AB, Electronics and Telecommunications Research Institute (ETRI), GE Video Compression LLC, Godo Kaisha IP Bridge 1, IdeaHub, Inc., Intellectual Discovery, JVCKENWOOD Corporation, Korea Advanced Institute of Science and Technology (KAIST), Korean Broadcasting System (KBS), Koninklijke Philips N.V., Nippon Telegraph and Telephone Corporation (NTT), NTT Docomo, Orange S.A., Rai Com S.p.A., Sejong University, SK Planet Co., Ltd., SK Telecom, Toshiba Corporation, Xylene Holding S.A.

More information regarding the terms and conditions of Sisvel’s Video Coding Licensing Platform is available at the link or at Sisvel, upon request from companies that currently require a license.

About Sisvel

Sisvel is driven by the conviction of the importance of collaboration, creativity and efficiency in meeting the needs of patent owners and those who wish to access their technologies. In a complex and constantly evolving market, our guiding principle is to establish fair competition by developing and implementing flexible and affordable marketing solutions.

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www.sisvel.com

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The original language text of this announcement is the official authorized version. Translations are provided as a facility only and must refer to the text in the original language, which is the only version of the text that has legal effect.

Contact:

Sisvel Media

Giulia Dini

Communication Manager

Tel.: +34 93 131 5570

[email protected]

Source: BUSINESS WIRE


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