Technicolor announces IP collaboration with Sony for smartphones

Technicolor announces IP collaboration with Sony for smartphones 
Paris -- (Marketwired) -- 07/18/13 --  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
This  agreement is aligned with the strategy  of the Technicolor
Group to expand its licensing activities in the context of its
Amplify 2015 strategic roadmap. 
"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." 
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. Euronext Paris: TCH 
TECHNICOLOR announces IP collaboration with Sony for smartphones : 
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and
other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein. 
Source: TECHNICOLOR via Thomson Reuters ONE 
Press: +33 1 41 86 53 93
Investor relations: +33 1 41 86 55 95
Press spacebar to pause and continue. Press esc to stop.