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Article: Digital Video Systems Licenses its H.264 AVC Technology.
- Article from:
- PR Newswire
- Article date:
- September 30, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Digital Video Systems announced today that it has sold a non-exclusive license to its intellectual property related to H.264 AVC technology, also known as MPEG-4 part 10, to Enmedia, Inc. Under the license agreement, Digital Video Systems received 500,000 shares of Series A preferred stock of Enmedia, Inc.
H.264 AVC is a next-generation video compression standard that offers a 100% performance improvement over the popular MPEG-2 and MPEG-4 standards in use today, and is finding acceptance for a wide variety of applications. H.264 AVC is expected to be implemented in everything from mobile phones to high-definition television (HDTV) set-top boxes. H.264 AVC has ...