PLANO, Texas, March 31: Velos Media revealed that it has commenced
a novel, autonomous licensing platform for sophisticated video coding expertise,
with a concentration on High Efficiency Video Coding (HEVC), the newest expertise
in video compression. With Velos Media, enterprises distributing the HEVC knowledge
nowadays have stress-free and competent admittance to the complete collection
of standard-essential HEVC patents from top expertise trendsetters that have
made numerous of the most significant assistances to the HEVC standard, comprising
Ericsson, Panasonic, Qualcomm Incorporated, Sharp as well as Sony.
The rapid expansion in video use is propelling sustained need
for more bandwidth and greater picture quality, ensuing in an industry of novel
gadgets and subject that utilize HEVC expertise. HEVC, as well acknowledged as
H.265, distributes a considerably boosted watching capability containing exciting,
high-quality images downloaded twice as swiftly, or with half the bandwidth, along
with lessened stops for video buffering, contrasted to preceding video expertise.
Velos Media aids transport this understanding to screens quicker, offering easy
admittance to crucial patents at sensible charges and with one license, so that
companies utilizing HEVC expertise in their products can duly transport a leading
customer experience to their clients.
“We’re streamlining the patent licensing process by offering
a single license to end user product companies that manufacture or sell
HEVC-enabled devices, thereby creating a solution for them and patent holders
alike,” revealed Kasim Alfalahi, co-founder of the Marconi Group, an entity
formed to create, launch and support new patent licensing platforms, including
Velos Media, adding, “This solution is available to all who wish to
participate, and we welcome interest from other innovators who have contributed
to the HEVC standard and have patents representing those contributions. We’re
excited to have Fred Telecky at the helm of Velos Media. Fred brings more than
25 years of experience in managing a highly successful licensing business at
Texas Instruments.”
“With the growing popularity of video and the continued
investment in new video technologies, there’s a need for a reasonable and
efficient path for innovators to receive a return on their R&D investment
and also for companies creating products to obtain access to the patents
covering these technologies in a way that makes sense for their businesses,” revealed
Fred Telecky, president of Velos Media, adding, “At Velos Media, licensees will
have direct access to the most comprehensive standard-essential HEVC patent
portfolio available, with one license, reducing transaction costs and time to
market.”
Velos Media will authorize its HEVC patent assortment on conditions
that are reasonable and non-discriminatory (RAND), with royalty charges that
will boost further acceptance of the expertise and incentivize financing in new
study and expansion. An authorization from Velos Media encompasses all HEVC
standard-essential patents within the members’ complete existing collection, comprising
future patents allowed from presently pending requests, along with all future
filings by a member throughout the tenure of the license.
Velos Media is reinforced by the Marconi Group, which is creating
novel platforms that alter patent authorizing through diverse expertise and
products. The Marconi Group will give general facilities for every novel authorizing
platform, presenting legal, finance, human assets, marketing and communications
sustenance. Velos Media will be administered and run as a sovereign unit.
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