. Intel and RealNetworks announced on Thursday that Intel will purchase video codec software, 190 patents and 170 patent applications from RealNetworks for a total of $120 million. “We believe this agreement enhances our ability to continue to offer richer experiences and innovative solutions to end users across a wide spectrum of devices, including through Ultrabook devices, smartphones and digital media,” said Renee James, Intel senior vice president and general manager of the Software and Services Group. The two companies also agreed to work together on future advancements in video codec software.
Boy Genius Report, Intel to buy 190 patents and video codec software from RealNetworks for $120 million
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