Paris--(Marketwired - Jul 18, 2013) - Technicolor (EURONEXT PARIS: TCH) today announced the
signature of an intellectual property collaboration agreement with Sony
Corporation (NYSE: SNE), which strengthens its strategic patent
licensing initiative in the field of smartphones.
Technicolor has acquired select patents and patent applications from
Sony covering a broad range of technologies for smartphones and tablets.
Technicolor will be the exclusive licensor of the combined portfolio
spanning a broad array of technologies such as LTE, WCDMA, UMTS, Wi-Fi,
haptics, video compression, software, user interface, LCD and AMOLED. The
agreement also includes a patent license from Technicolor for Sony
smartphones, which covers all of Technicolor's patents for smartphones.
This agreement is aligned with the strategy of the Technicolor Group to
expand its licensing activities in the context of its Amplify 2015
"The addition of Sony's patents, with its provenance in mobile
phones, complements the already impressive media-rich intellectual property
portfolio of Technicolor," said Boris Teksler, Senior Executive
President Technology. "Our combined portfolio covers a wide gamut of
technologies found in leading smartphones and Technicolor is pleased
to offer the industry a comprehensive license to this unified portfolio."
"We are very pleased that Technicolor recognizes the value of our
smartphone patents," said Toshimoto Mitomo, Senior Vice President,
Corporate Executive of Sony Corporation. "We believe that this license
program will help grow the smartphone market by streamlining the licensing
of intellectual property."
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. Euronext Paris: TCH www.technicolor.com
TECHNICOLOR announces IP collaboration with Sony for smartphones :
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