Intel is buying video patents and software from RealNetworks for $120 million, giving the chipmaker new muscle in a market that's increasingly important but filled with intellectual-property obstacles.
RealNetworks is selling about 190 patents, 170 patent applications, and its next-generation video encoding technology in the deal, the companies announced today.
Intel called some of the patents "foundational," indicating its belief that some are important to the ever-hotter area of digital video. Codecs such as H.264 or Google's VP8 are used to encode and decode video, a task that's crucial in videoconferencing, gaming, and entertainment. … Read more