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Stock impact report

Via Adds xHE-AAC To Advanced Audio Coding Patent Pool License

Dolby Laboratories (DLB) 
Last dolby laboratories earnings: 1/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.dolby.com
Company Research Source: Business Wire
Expanded license encourages adoption of new audio technology SAN FRANCISCO--(BUSINESS WIRE)-- Via Licensing Corporation, a leading world-wide intellectual property solutions provider, today announced the upcoming availability of Extended High Efficiency AAC (xHE-AAC) as part of the Advanced Audio Coding (AAC) patent pool. The expanded patent pool license will be available at no additional cost to licensees, starting in Q4 of 2017. Through this announcement, Via and AAC licensors are taking steps to encourage and accelerate the adoption of xHE-AAC, the most recent and advanced member of the AAC family of audio codecs. “The addition of xHE-AAC technology increases the value of our AAC patent pool license,” said Joe Siino, President of Via Licensing. “Adding xHE-AAC to our patent pool ensures that broadcasters and service providers can deliver the next generation of audio to consumers effici Show less Read more
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