MA-ACCESS-ADVANCE
Access Advance (“Advance”) is pleased to welcome Hyundai Motor Company (“Hyundai”) and Kia as Licensors of the VVC Advance Patent Pool. By contributing their patents to the VVC/H.266 patent pool, Hyundai and Kia have reinforced their commitment to fostering collaboration and ensuring fair access to essential media technologies across the ecosystem and market, including the automotive sector.
Hyundai and Kia are continuously striving to contribute to the development of standards-based video coding technologies to provide new media features in their mobility products and enhance customer convenience and viewing experience inside the cabin.
Peter Moller, CEO of Advance, expressed his excitement about this new collaboration, stating, "We are very pleased to welcome Hyundai and Kia to the VVC Advance Patent Pool. These important and influential companies recognize the importance of advancing standards-based media technologies in the automotive industry. Hyundai and Kia’s continued innovation in media in the automotive space will help us in our shared goal of driving VVC adoption, thereby providing consumers with all the enhancements this latest advanced video technology enables."
About Access Advance:
Access Advance LLC is an independent licensing administrator company formed to lead the development, administration, and management of patent pools for licensing essential patents of the most important standards-based video codec technologies. Access Advance provides a transparent and efficient licensing mechanism for both patent owners and patent implementers.
Access Advance currently manages and administers the HEVC Advance Patent Pool for licensing over 23,000 patents essential to H.265/HEVC technology, and the separate and independent VVC Advance Patent Pool for licensing essential patents to VVC/H.266 technology. The HEVC Advance Patent Pool and the VVC Advance Patent Pool are elements of the Access Advance Video Codec Platform Initiative that seamlessly incorporates HEVC and VVC technologies into a single discounted royalty rate structure through the Multi-Codec Bridging Agreement for eligible Licensees whose products include both HEVC and VVC codecs. This innovation responds to the market’s desire for an even more efficient next-generation pool licensing structure. For more information, please visit www.accessadvance.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/20240807195871/en/
About Business Wire
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
Fluence Wins Cultivation Technology of the Year at 2024 Emjays15.1.2025 15:00:00 CET | Press release
Fluence was awarded Lighting Company of the Year at the Emjays’ inaugural program in 2023 Fluence, a leading global provider of energy-efficient LED lighting solutions for commercial cannabis production, won back-to-back Emjays International Cannabis Awards, taking home Cultivation Technology of the Year during MJBizCon 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250115876512/en/ Fluence wins Cultivation Technology of the Year at the Emjays International Cannabis Awards during MJBizCon 2024 (photo courtesy of the Emjays) The Emjays is a collaboration between award-winning event producers Farechild Events and MJBizCon, the cannabis industry’s largest trade show and media entity. The program is dedicated to recognizing leaders and innovators in more than 20 ancillary business categories within the cannabis industry. Fluence was named Lighting Company of the Year at the program’s inaugural event in 2023. “As the global
BlueFlag Security Named an IDC Innovator for Software Development Life-Cycle Identity and Access15.1.2025 15:00:00 CET | Press release
One of only three vendors included in the report, the BlueFlag platform provides a unified, context-rich, and identity centric view of risks across all key SDLC attack vectors including developer identities, toolchains, and code BlueFlag Security, a leader in software development lifecycle (SDLC) security and governance, is proud to be named an IDC Innovator in the report, IDC Innovators: Software Development Life-Cycle Identity and Access, 2024 (Doc # US52748124, December 2024). IDC Innovator reports recognize emerging vendors offering innovative new technology that alleviates challenges facing IT and security buyers. The IDC Innovators report noted, “SDLC identity and access solutions reduce the risk of credential compromise, unauthorized access, and lateral movement within development environments. They play a critical role in safeguarding the software supply chain by ensuring only legitimate identities can interact with sensitive systems and data.” The report shared about BlueFlag
Diligent Announces Market Insights Reporting Powered by S&P Global Market Intelligence, Giving Directors and Executives Unrivaled Financial and Risk Insights15.1.2025 15:00:00 CET | Press release
New reports bring key financial insights and market comparisons to directors, CFOs, general counsel and executives, giving clarity into investor risks. Diligent, a leading GRC SaaS company, today announced it is collaborating with S&P Global’s Market Intelligence division to launch Diligent Market Insights Reporting. Powered by S&P Capital IQ Pro data, the reports give corporate directors and executives timely, contextualized insights into global financial data and peer performance – including market sentiment, analyst consensus, peer developments and industry analysis – to stay ahead of market and investor risks. The reports are built within the Diligent One Platform, Diligent’s leading GRC platform empowering more than 1 million users and 700,000 board members and leaders to make better decisions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250115272711/en/ (Graphic: Business Wire) “Today’s corporate directors are navig
Shippeo Raises $30m Strategic Round Led by Woven Capital to Accelerate US and APAC Expansion15.1.2025 15:00:00 CET | Press release
Shippeo’s commitment to shipping data quality and innovation drives customer and revenue growth as it expands globally. Shippeo, a global leader in real-time multimodal transportation visibility, today announced a $30 million strategic funding round led by Woven Capital, Toyota’s growth fund, with participation from existing investors: Battery Ventures, Partech, NGP Capital, Bpifrance Digital Venture, LFX Venture Partners, Shift4Good, and Yamaha Motor Ventures. This new funding will support Shippeo’s accelerated expansion across North America and APAC while driving enhancements to its industry-leading Real-Time Transportation Visibility Platform. With this round, Shippeo’s total funding exceeds $140 million. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250113725048/en/ Shippeo offers real-time shipment tracking across all transport modes, helping companies create sustainable, resilient supply chains. Its platform enables u
Titan Telecoms deploys 800G flexible spectrum between Sydney and Melbourne with Adtran’s FSP 3000 TeraFlex™15.1.2025 14:15:00 CET | Press release
News summary: Resilient, high-speed connectivity is needed across Southeast Australia to support enterprise cloud services and data-intensive applications Multi-vendor network delivers high-capacity adaptive bandwidth over a long-haul link using Adtran terminal and Ciena OLS Dynamic spectrum allocation and optimized fiber utilization enable cost-effective, high-speed data transport across long distances Adtran announced today that Titan Telecomsis using its FSP 3000 TeraFlex™ CoreChannel™ technology to transport 800Gbit/s flexible spectrum services over a 963km backbone link between Sydney and Melbourne. This multi-vendor network addresses high-capacity connectivity needs by enabling commercial spectrum service offerings across Southeast Australia. The new service utilizes Adtran’s FSP 3000 TeraFlex™ CoreChannel™ optical terminal to enable dynamic bandwidth allocation and optimized fiber utilization. Its success sets a new standard for flexible spectrum transport and future high-capaci
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