SAN FRANCISCO--(BUSINESS WIRE)--Via Licensing today announced a modification to its royalty rate structure for its LTE patent pool licenses covering mobile devices such as handsets and tablets. The changes are aimed at promoting innovation in the industry and facilitating access to patent licenses by new market entrants and low volume manufacturers.
“We modified our rates to be more welcoming to innovative small and medium-sized companies, a segment of the market that is very dynamic,” said Joe Siino, President of Via. “While our updated rates may have the greatest impact for new market entrants and low volume manufacturers, all potential licensees will be eligible to take advantage of these rates in the relevant volume tiers.”
The updated LTE patent pool rate structure is the latest innovative strategy from Via, which has been working aggressively during the last year to broaden access to patent pool licenses globally. As an example, Via has recently revised the royalty rate structure of its AAC patent pool to increase access to patent rights in emerging markets.
For specific information on the new LTE patent pool rates, visit Via’s website.
About Via Licensing Corporation
Via Licensing Corporation is a global intellectual property solutions provider dedicated to enabling innovation in partnership with technology and entertainment companies and universities around the world. Via develops and manages licensing programs on behalf of highly innovative companies in markets such as audio, wireless, broadcast, and automotive. Via is a wholly owned subsidiary of Dolby Laboratories, Inc., a company with more than 50 years of experience in innovation and technology licensing. For more information about Via, please visit http://www.via-corp.com.