Intel Buys Video Technology, Patents From RealNetworks

eweek.com reports that the $120 million Intel will spend to buy RealNetworks’ video codec software and 190-plus patents will enable the company to grow the video capabilities of it chips.

In the deal announced Jan. 26, the giant chip maker said it will spend $120 million to buy RealNetworks’ next-generation video codec software as well as 190 patents and 170 patent applications, including what Intel calls RealNetworks’ “foundational streaming media patents.”

Read more at http://www.eweek.com/c/a/Mobile-and-Wireless/Intel-Buys-Video-Technology-Patents-From-RealNetworks-862769/