TECHNICOLOR : Technicolor and Sony Form Joint Patent Licensing Program for Digital Television and Computer Display Monitor
September 21 2015 - 7:46PM
Technicolor (Euronext Paris: TCH, OTCQX: TCLRY) and Sony
Corporation ("Sony") (NYSE: SNE) today announced a joint patent
licensing program for digital television (DTV) and computer display
monitor (CDM). Technicolor will be the exclusive licensing agent of
the combined portfolio that covers DTV and CDM. The license is
offered for the convenience of both existing and new licensees,
enabling them to obtain a single license as an alternative to
negotiating separate licenses.
"By combining these two complementary patent portfolios under a
single licensing program, we are providing a leaner and more
efficient licensing program for the industry in the field of DTV
and CDM," said Stéphane Rougeot, President Technology Group and
Deputy CEO, Technicolor. "This agreement builds on Technicolor's
successful track-record of monetizing its portfolio of intellectual
property and the strength of its licensing teams."
Technicolor is constantly investing in research and development
in technology areas that are pervasively adopted in DTV and CDM,
including video and audio compression, high dynamic range, wide
color gamut, user interface and other display technologies.
Sony, as a key player in the consumer electronics industry, has
invested substantially in research and development of television,
and has created a significant portfolio that covers a wide array of
DTV and CDM relevant technologies.
"Sony has a long history of successfully managing its large
patent portfolio," said Toshimoto Mitomo, Senior Vice President,
Corporate Executive in charge of Intellectual Property, Sony
Corporation. "We have done this alone, jointly with other
companies, or through third parties. This joint licensing program
is another example of managing our patent portfolio and making it
more broadly available in an efficient manner."
The two companies have deep roots and expertise in media and
entertainment, and are committed to investing in new technologies
and innovation applicable to the DTV and CDM market.
About Technicolor
Technicolor, a worldwide technology leader in the media and
entertainment sector, is at the forefront of digital innovation.
Our world class research and innovation laboratories enable us to
lead the market in delivering advanced video services to content
creators and distributors. We also benefit from an extensive
intellectual property portfolio focused on imaging and sound
technologies, based on a thriving licensing business. Our
commitment: supporting the delivery of exciting new experiences for
consumers in theaters, homes and on-the-go. www.technicolor.com
Follow us: @Technicolor - linkedin.com/company/technicolor
Technicolor shares are on the NYSE Euronext Paris exchange
(TCH) and traded in the USA on the OTCQX marketplace (OTCQX:
TCLRY).
About Sony Corporation
Sony Corporation is a leading manufacturer of audio, video,
game, communications, key device and information technology
products for the consumer and professional markets. With its music,
pictures, computer entertainment and online businesses, Sony is
uniquely positioned to be the leading electronics and entertainment
company in the world. Sony recorded consolidated annual sales of
approximately $68 billion for the fiscal year ended March 31, 2015.
Sony Global Web Site: http://www.sony.net.
Media Contacts |
|
Technicolor: Sandra Carvalho: +1 323 208 2624
sandra.carvalho@technicolor.com Emilie Megel:
+33 1 41 86 61 48
emilie.megel@technicolor.com |
Sony: Lisa Gephardt: +1 212 833 6826
lisa_gephardt@sonyusa.com |
Investor Relations |
|
Technicolor: Emilie Megel:
+33 1 41 86 61 48
emilie.megel@technicolor.com |
Laurent Sfaxi: +33 1 41 86 58 83
laurent.sfaxi@technicolor.com |
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