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Scientific Atlanta Purchases License to Use PVR Technology
Command Audio Corp.
announces that
Scientific Atlanta
has purchased a license to use Command Audio’s patented PVR (personal video recorder, also known as digital video recorder, or DVR) technology.
Under terms of the agreement, Scientific Atlanta acquired a license to use Command Audio’s patented technology in all of its PVR set-top box products. The worldwide agreement runs for the life of Command Audio’s patents. No financial terms were disclosed.
Command Audio previously has licensed its patents and technology to industry leaders in the consumer and automotive electronics fields, including Motorola, ReplayTV, Sony, XM Satellite Radio and iBiquity Digital’s HD Radio.
Industry analysts estimate that there were more than 25 million PVR units sold in 2006 and predict a growth rate in excess of 30 percent in 2007.
Command Audio holds more than 60 U.S. and foreign patents with applications that span the television, personal computer, digital radio, cell phone and game console industries.
Posted on Apr 25, 2007
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