Technicolor Signs Patent License Agreement with LG11 Feb, 2014 By: Chris Tribbey
Paris-based Technicolor has inked a new patent license agreement with LG Electronics, giving LG access Technicolor patents for smartphones and tablets.
“Technicolor’s pioneering work in video technology is now widely spread in smartphones and tablets to offer consumers a media rich experience, and we are pleased to welcome LG as a licensee and offer a comprehensive license to our patent portfolio.” said Boris Teksler, head of technology for Technicolor. “As new media-rich devices become pervasive we are pleased to expand our offering and share our patented technologies.”
Technicolor also announced it has joined the AllSeen Alliance, a cross-industry consortium whose purpose is to advance adoption and innovation of the “Internet of Everything” (IoE) in homes and the consumer electronics industry.
The company plans to work with Qualcomm Connected Experiences, a subsidiary of Qualcomm Inc., and the AllSeen Alliance to “accelerate the unification of ecosystems around the IoE.”
The AllSeen Alliance was formed in December 2013, and its members aim to advance functionality and interactions across various brands and sectors, including the connected home, health care, education, automotive and enterprise.”
“We are truly excited to be part of a group of innovators that are coming together for the benefit of the consumer,” said Michel Rahier, president of Technicolor’s connected home division.