Today's Hard|Forum Post
Today's Hard|Forum Post

Thursday January 26, 2012

Intel Paying RealNetworks $120M For Patents

Wow, $120 million sure sounds like a lot of money to pay for these patents. When is the last time you used anything made by Real Networks?

Chipmaking giant Intel and digital media outfit Real Networks have announced a surprise deal that sees Intel paying RealNetworks $120 million for about 190 RealNetworks patents, 170 patent applications, and RealNetworks’ forthcoming next-generation video codec software. Under the deal, RealNetworks will continue to have the right to use its old patents in current and future products; however, the patents will belong to Intel, and the company is free to use them in its own products and/or license them out to others.