BUSINESS WIRE: Sisvel Signs an Agreement Under the VP9 Patents With Panasonic Corporation
MITTEILUNG UEBERMITTELT VON BUSINESS WIRE. FUER DEN INHALT IST ALLEIN DAS BERICHTENDE UNTERNEHMEN VERANTWORTLICH.
LUXEMBOURG --(BUSINESS WIRE)-- 23.12.2021 --
Sisvel International S.A. (“Sisvel”) announced today that it has signed a worldwide patent license agreement with Panasonic Corporation (“Panasonic”) for Sisvel’s VP9 Licensing Program covering the sale and distribution of Panasonic’s VP9 enabled products.
“Sisvel has a longstanding partnership with Panasonic. The Company is already a licensee of other Sisvel licensing programs in different technological fields and we are very pleased that Panasonic has now concluded an agreement that reflects the value of the VP9 portfolio, acknowledging once more the fairness and the reliability of the programs managed by Sisvel” said Valentina Piola, Program Manager of Sisvel’s VP9 Licensing Program. She continues “Sisvel’s VP9 licensing program aims to facilitate the licensing of this video codec technology to ensure a level playing field on the market. We hope that other implementers will soon follow Panasonic's example”.
Further details on the terms and conditions of Sisvel’s VP9 Licensing Platform are available at: https://sisvel.com/licensing-programs/audio-and-video-coding-decoding/video-coding-platform/license-terms/vp9-license-terms
Sisvel International S.A. is the holding company of the Sisvel Group. Sisvel is a world leader in fostering innovation and managing IP. The group identifies, evaluates and maximises the value of IP assets for its partners around the world, providing firms with a revenue stream which can be reinvested in innovation for the generation of future revenues. Sisvel has more than 35 years’ experience in the management of successful patent portfolios, including those relating to audio compression standards (MP3 and MPEG audio), as well as broadcasting and digital terrestrial television standards maintained by the Digital Video Broadcasting Project. Sisvel operates patent pools and joint licensing programmes in the fields of mobile communication, wireless local area networking 802.11, video coding, digital video broadcasting, recommendation engines and broadband access to data networks.
Background information on the history of video codecs and why it is important to sustain innovation is available at: www.playtherightfuture.com.
Media Contact Sisvel Group
Tel: +34 93 131 5570