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The Kudelski Group, an independent provider of media protection and value-added service technology, has announced a multi-year patent cross licence agreement with Bloomberg Finance. The terms of the agreement remain confidential with Bloomberg making a one-time payment to Kudelski.
“This agreement further validates the relevance of Kudelski’s patent portfolio to online video distribution technologies and platforms in multiple markets including news & media where Bloomberg is an undisputed leader, as well in other markets such as sports and entertainment,” said Joe Chernesky, Senior Vice President of Intellectual Property and Innovation at the Kudelski Group.
With over 60 years of experience in pioneering innovative technologies, the Kudelski Group offers a comprehensive intellectual property licensing program that provides its customers and partners with access to many fundamental technologies, enabling them to build compelling devices, applications and services that work seamlessly together.