Business Wire India<\/b><\/p>\n
RPX and Sisvel, both aggregators, represented a group of 16 technology companies and 20 patent owners, respectively, to conclude a transaction related to video codecs. The agreement provides participants with a license to patents in Sisvel\u2019s Video Coding Licensing Platform, and resulted in significant transactional efficiencies.<\/p>\n
The patents are held by Dolby, General Electric, Philips, NTT Docomo, Orange, SK Telecom and Toshiba, among others. The full list of licensors is set forth below. All are represented by Sisvel and participate in the firm\u2019s Video Coding Licensing Platform.<\/p>\n
\u201cThis is a great example of a commercially driven collaboration<\/i>,\u201d observes Nick Dudziak, Head of Strategy at Sisvel. \u201cIt was a complex deal to organize because of the number of parties and interests involved. However, thanks to their determination to find solutions, the result is tremendous transactional efficiencies.\u201d<\/i><\/p>\n
\u201cBoth RPX and Sisvel represent the interests of a wide group of clients from a variety of industries. This transaction clearly demonstrates the efficiency of bringing companies together to collectively address shared concerns,\u201d<\/i> adds Ryan Elliott, Executive Vice President, Syndicated Acquisitions at RPX.<\/p>\n
Patent owners represented by 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.<\/p>\n
Further information about the terms and conditions of Sisvel\u2019s Video Coding Licensing Platform are available at the following link https:\/\/www.sisvel.com\/licensing-programmes\/audio-and-video-coding-decoding\/<\/a> or from Sisvel upon request by companies currently requiring a license.<\/p>\n About Sisvel<\/p>\n Sisvel is driven by a belief in the importance of collaboration, ingenuity and efficiency to bridge the needs of patent owners and those who wish to access their technologies. In a complex and constantly evolving marketplace, our guiding principle is to create a level playing field with the development and implementation of flexible, accessible, commercialization solutions.<\/p>\n