RealNetworks, Inc. patents sale agreement with Intel, is done.

WorldWide Tech & Science. Francisco De Jesús.

RealNetworks, Inc. patents sale agreement with Intel, is done.

RealNetworks, Inc. announced today that it has completed the sale of patents and its next generation video codec software  to Intel Corporation for $120 million.

RealNetworks will retain certain rights to continue using its patents in both current and future products & services. In addition, Intel has signed a memorandum to collaborate on future support and development of next-generation media software and products.

RealNetworks does not expect the sale to have any detrimental effect on its future trading. Approximately 190 patents and 170 patent applications, as well as next generation video codec software have been sold.

Renée James, Intel senior vice president and general manager of the Software and Services Group said:

“As the technology industry evolves towards an experience-centric model, users are demanding more media and graphics capabilities in their computing devices. The acquisition of these foundational media patents, additional patents and video codec software expands Intel’s diverse and extensive portfolio of intellectual property.

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.”

CES 2011:RealNetworks' Unifi wins CNET 'Best of CES' Award for Software, Services and Applications at CES

WorldWideTech & Science. Francisco De Jesús.

RealNetworks' Unifi wins CNET 'Best of CES' Award for Software, Services and Applications at 2011 International CES

RealNetworks®, Inc. (Nasdaq: RNWK), the digital entertainment services company, today announced that the company's new Unifi™ cloud service has won a CNET "Best of CES" award. Unifi, a new personal media cloud service previewed at CES, was judged by the editors at CNET (www.cnet.com) as the best Software, Services and Applications product at the show.

See CNET's video of Unifi here and coverage here.

Unifi solves one of the escalating problems of the digital age: how to keep track of the thousands of photos, music tracks and videos stored on multiple devices and online services so users can easily find and enjoy them. Unifi catalogues and organizes this content into a single digital library accessible from any Internet-connected device. The library allows users to easily find, access and enjoy what they want – by media type, by device or through tags.

Selected by CNET's expert editors, Best of CES winners are recognized as having the hottest products in their respective technology categories for their unmatched innovation and creativity, and their ability to excite consumers and help them explore a world gone digital. CNET editors review hundreds of entries and scour the CES show floor for products to consider for the prestigious awards.

"It's an honor to be chosen by CNET editors for a Best of CES award," said Hank Skorny, RealNetworks' senior vice president of media cloud computing and services and architect of Unifi. "We know that Unifi will help people find and enjoy their photos, music and videos that are scattered across their many Internet-connected devices, and we're pleased that CNET has recognized its value as well."
Videos of the winners and finalist products can be found at http://www.cnet.com/ces.
See a video of Unifi here.
See screen shots here.
See Unifi logos here.
Follow RealNetworks on Twitter here.
Read the RealNetworks blog here.
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About RealNetworks
Real creates innovative applications and services that make it easy to connect with and enjoy digital media. Real invented the streaming media category in 1995 and continues to connect consumers with their digital media both directly and through partners, aiming to support every network, device, media type and social network. Real's corporate information is located at http://www.realnetworks.com/about-us

Real, Unifi and RealNetworks are trademarks or registered trademarks of RealNetworks, Inc.
SOURCE RealNetworks, Inc.