Kudelski Group, VEVO sign patent licence agreement
December 3, 2014
The Kudelski Group, an independent provider of media protection and value-added service technology, has announced a multi-year patent licence agreement with VEVO. While the specific terms remain confidential, this agreement provides VEVO with a licence to the Kudelski Group’s patent portfolio, subject to certain limitations.
“The Kudelski Group continues to invest heavily in developing technology and intellectual property that helps enable innovative companies like VEVO to deliver a robust video and entertainment platform to the market,” said Joe Chernesky, Senior Vice President of Intellectual Property and Innovation at the Kudelski Group. “We’re pleased to enter into this agreement with VEVO so that both companies can focus on further innovation in a collaborative manner.”