Intel Scoops Up Bevy Of RealNetworks Patents For $120M

Law360, New York (January 26, 2012, 2:59 PM EST) -- Semiconductor chip maker Intel Corp. will buy roughly 190 patents and 170 patent applications, as well as software, from software company RealNetworks Inc. for $120 million, RealNetworks said on Thursday.

Seattle-based RealNetworks said that in addition to patents and patent applications, Intel would pick up its next-generation video codec software — which is meant to enhance the quality of streaming video — as part of the transaction.

The intellectual property at issue includes a mix of U.S. and foreign patents and patent applications, a RealNetworks spokeswoman...
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