Use access key #2 to skip to page content.

IBDvalueinvestin (99.67)

Wow, RNWK getting $120M from Intel and will still

Recs

3

January 26, 2012 – Comments (0) | RELATED TICKERS: RNWK , INTC , AMD

be able to use the patents for RNWK business. That is the best way to get $120M without damaging any part of your business.

 

 TechFlash reports that under the deal, RealNetworks is selling about 190 patents and 170 patent applications as well as software for its video codec software. RealNetworks said it is keeping certain rights to continue to use the patents in current and future products. The sale gives RealNetworks a significant amount of new capital to invest in new products and businesses. The company said it does not expect the deal to have any material impact on its businesses.

0 Comments – Post Your Own

Featured Broker Partners


Advertisement