The Kudelski Group and Verizon recently announced a multi-year patent cross licensing agreement. The Kudelski Group had patent claims against FiOS TV, a number of advertising functionalities and Over-the-Top(OTT) streaming services used at both Verizon and AOL. With the agreement, the parties will dismiss all pending patent litigation relating to these services.
The Kudelski Group is a provider of end-to-end convergent media solutions to the digital entertainment industry, including services and applications requiring access control and rights management to secure revenue in digital television, internet, mobile and interactive applications.
Joe Chernesky, Senior Vice President of Intellectual Property and Innovation at the Kudelski Group
The Kudelski Group is focused on developing and licensing technology and intellectual property to the video market and we are pleased to license our patent portfolio to Verizon. Operating companies benefit when they respect each other’s intellectual property rights and cross license their patents in a reasonable and collaborative manner.
