Business Wire

ALLEGRO-DVT/V-NOVA

Share
Allegro DVT and V-Nova Announce Strategic Collaboration to Accelerate Development of LCEVC Ecosystem

Allegro DVT, the leading provider of video codec compliance test suites and semiconductor video IPs, and V-Nova, a leading provider of video compression solutions today announce a partnership to accelerate the availability of LCEVC enabled solutions for Video SOCs and ASIC vendors looking at faster time-to-market in the deployment of LCEVC.

The two companies will collaborate to address the growing demand for LCEVC with a target to make available both compliance test streams and proven video IPs. This new product roadmap will enable video SOC and video ASIC vendors in a multitude of different markets to integrate and verify the compliance of their LCVEC implementation with the standard, allowing for a safer tape-out and faster time-to-market.

Nouar Hamze, CEO, Allegro DVT said, “We were impressed with the performance of LCEVC both in terms of video quality and compression ratio. We also see it as an opportunity to tackle the increasing complexity of video codecs while delivering best-in-class power consumption. Allegro DVT is committed to supporting the LCEVC ecosystem and welcome the collaboration with V-Nova. Over the next months, we will be announcing a full range of new products to accelerate the design and testing of video SoCs targeting the LCEVC market.”

“We are excited to be collaborating with Allegro DVT to support the roll out of LCEVC in the market,” said Guido Meardi, CEO and co-founder at V-Nova. “They are the market leaders in the provision of compliance test streams to SOC vendors. These, together with proven silicon IP, will speed up the availability of LCEVC-enabled silicon in the market. We look forward to the partnership and further support Allegro’s LCEVC roadmap.”

LCEVC – the new video standard from MPEG – is at the vanguard of improving image quality, reducing latency, and boosting bandwidth. LCEVC is the first enhancement standard from MPEG, delivering better quality at up to 40% lower bandwidth, faster transcoding times, reduced costs for storage and content delivery. MPEG-5 LCEVC is an innovative standard that enhances any ‘base’ codec, including AVC/H.264, HEVC/H.265, VVC/H.266 and AV1 with no requirement to replace them.

About Allegro DVT

Allegro DVT, headquartered in Grenoble/France, is a world leading provider of digital video technology solutions including compliance streams and video codec semiconductor IPs focused on the H.264/AVC, H.265/HEVC, AVS2, AVS3, VP9, AV1 and VVC standards.

www.allegrodvt.com

About V-Nova

V-Nova is committed to unlocking higher picture quality at scale. Its technologies, based on the innovative use of AI and parallel processing improve data, video, imaging, point-cloud compression and have been granted international standard status by MPEG, ISO and SMPTE. Our relentless investment in R&D has built a portfolio of over 600 international patents which we monetize through software licensing, IP royalties and product sales. For more about V-Nova, please visit: www.v-nova.com

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221208005048/en/

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com
DK

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Jumpmind Announces Strategic Investment from Lone View Capital15.9.2025 12:00:00 CEST | Press release

The partnership will drive innovation, expand global reach, and reinforce Jumpmind’s position as a leader in next-generation retail software and enterprise data solutions Jumpmind, a leading provider of innovative retail technology solutions, announced today that Lone View Capital (“Lone View”), a growth-oriented private equity firm focused on technology and software investments, has made a strategic investment, acquiring a controlling stake in the company. Founded in 2008, Jumpmind was recently recognized as a Leader in the Forrester Wave™ for Point of Service Solutions (Q4 2024). The company’s flagship product, Jumpmind Commerce, is a cloud-native, microservices-based point of service platform that enables retailers to unify digital and in-store experiences, streamline checkout, and deliver more personalized customer interactions. Trusted by leading retailers worldwide, the platform supports device independence, rapid deployment, and highly configurable customer journeys – empowering

Ookla Launches Speedtest Certified™ to Provide Definitive Network Verification for Properties15.9.2025 12:00:00 CEST | Press release

This new certification provides a trusted badge of excellence for network quality, allowing property owners to validate investments and consumers to identify locations with superior connectivity. Ookla®, a global leader in connectivity intelligence, today announced the launch of Speedtest Certified™, the definitive network connectivity verification program for properties. Leveraging Speedtest®'s globally trusted testing methodology and unrivaled brand recognition, the program answers an increasingly important question: how can property owners prove to consumers that they deliver superior connectivity and are ready to support today's connectivity needs? This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250915248087/en/ Pictured is the official plaque awarded to locations that achieve Speedtest Certified™ status, signifying they have met rigorous standards for outstanding network performance. In an era where reliable internet is

The AgreenaCarbon Project Becomes the First Large-Scale Soil Carbon Project to Achieve Verra Verification, Now Issuing 2.3 Million Verified Carbon Credits15.9.2025 10:30:00 CEST | Press release

- The AgreenaCarbon Project has successfully achieved verification under Verra's Verified Carbon Standard VM0042 v2.0 methodology, delivering real, measurable climate impact across millions of hectares - 2.3 million Verified Carbon Units (VCUs) are now being issued, which can be confidently used, tracked, and reported, empowering sustainability teams with compliance-ready results Agreena, the company powering the global transition to regenerative agriculture, has achieved verification of its AgreenaCarbon Project under Verra’s Verified Carbon Standard (VCS) Program’s VM0042 Improved Agricultural Land Management v2.0 methodology – the first large-scale arable agriculture project to do so. By passing this milestone, Agreena is now issuing 2.3 million Verra-verified carbon credits that are not only readily available, but deliver immediate, measurable climate impact. This follows the project’s successful validation in January 2025. While validation confirms that the project design and meth

Libertex Voted “Best CFD Broker - Europe” at Global Forex Awards15.9.2025 10:23:00 CEST | Press release

The CFD industry leader takes home one of the industry’s most respected titles in Europe. Multi-awarded online broker Libertex adds another accolade in its trophy case as it has been named Europe's Best CFD Broker by Global Forex Awards. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250915045703/en/ (Photo: Libertex) This title not only highlights the broker’s role as a trusted leader, but it also reflects Libertex’s commitment to delivering excellence on all levels. Applying to an exhaustive set of the company’s services, from client support to trading technology, education, and asset coverage, the accolade bolsters the broker’s position in the global CFD trading arena while shining a spotlight on its continuous efforts to stay relevant. Speaking about the recent win, Libertex Group CMO Marios Chailis said: “We are truly honoured to be recognised as ‘Best CFD Broker - Europe’ at the Global Forex Awards. This award reflects

Hanshow and Delfi Partner to Expand Digital Solutions in Europe15.9.2025 10:04:00 CEST | Press release

Hanshow, a global leader in Electronic Shelf Labels (ESLs) and digital retail solutions, and Delfi Technologies, a Danish retail technology pioneer with decades of expertise in ESL platforms, today announced a new partnership, marking the start of closer cooperation to expand ESL offerings for retailers across Europe and accelerate the next phase of in-store digital transformation. Through this partnership, Delfi Technologies’ Breece System platform will be strengthened with Hanshow’s world-class ESL portfolio, proven in thousands of deployments worldwide. This partnership combines Delfi’s experience with ESL deployments in Europe and Hanshow’s global innovation leadership. Together, Hanshow will bring more flexibility, more options, and more value to retailers, helping them accelerate their digital transformation with lower costs and greater impact. The partnership also reinforces both companies’ commitment to sustainability. By replacing paper-based processes with digital price manag

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye