Broadcast News

Bookmark and Share
04/06/2002

Sonic and Axeda announce licensing deal for RAVISENT

Sonic Solutions and Axeda Systems Inc have announced an agreement under which Axeda will license RAVISENT's software DVD player and other digital media technologies to Sonic.
Under the agreement, Sonic will pay Axeda a one-time fee of $2 million for the license and related agreements, and in return will obtain exclusive rights to deploy the RAVISENT technologies in the personal computer market.
Sonic will also expand their engineering team through the addition of key engineering talent from Axeda.
Sonic are the leading supplier of DVD creation software. Sonic MyDVD and DVDit! are bundled by leading manufacturers of PCs, DVD recorders, and video/graphics cards including Adaptec, Compaq, Dell, Fujitsu, HP, NEC, Nova, Panasonic, Philips, Pioneer, Sony, and others. The RAVISENT technologies, known for their quality and performance, have formed the basis for DVD player products for Microsoft's XBOX. For Sonic Solutions, the agreement with Axeda adds compatible products, technologies, and personnel to Sonic's DVD creation business.
"The addition of the RAVISENT technologies further strengthens Sonic's leadership position in DVD creation," said Christopher Kryzan, Senior Vice-President of Marketing and Engineering at Sonic.
"RAVISENT has one of the most efficient DVD players available and has a long-standing reputation for delivering exceptional video quality. The RAVISENT technologies will be excellent companions to Sonic's consumer and professional DVD authoring applications for both OEMs and end users."
Tom Fogarty, Executive Vice President and CFO for Axeda, said: "The addition of RAVISENT digital media technologies to Sonic's product portfolio will not only allow them to expand their technology base and broaden their product line, but allows Axeda to further concentrate its efforts on continuing its leadership in the DRM market."
Axeda Systems Inc are an enterprise software and services company that helps businesses become more competitive by using the Internet to tap the value of real-time information to optimise their service, development, sales and manufacturing operations. The company's flagship Axeda Device Relationship Management System is a distributed software solution that lets businesses monitor, manage and service intelligent devices deployed at remote sites.
Sonic Solutions, www.sonic.com
Axeda Systems, www.axeda.com
(GMcG)
Solidmate Ltd Memory Card Hire London

Top Related Stories
Click here for the latest broadcast news stories.

21/04/2017
Wisycom To Unveil New Products
Wisycom will unveil two new wideband antennas at NAB 2017, Booth C856. The LBN2/LNN2 UHF Wideband Antenna and the LBP/LNP Wideband Antenna with Amplif
07/04/2017
360 Designs To Unveil VR Products At NAB
California-based live VR company 360 Designs will unveil new VR capture and live streaming products at this year's NAB. The company, whose clients inc
06/04/2017
TSL Products Unveil MPA1 Solo SDI
TSL Products has announced details of the new MPA1 Solo SDI audio monitor. Part of the Monitor Plus Audio (MPA) Range, the MPA1 Solo SDI enables users
04/01/2018
New Software Update For Avid VENUE | S6L
Avid has announced the availability of a new version of Avid VENUE™ Software and new Avid VENUE | On-Stage iOS app for its award-winning Avid VENUE |
03/01/2018
Ross Video Adds To Software Defined Production Ecosystem
Ross Video has announced that it will launch the latest addition to its Software Defined Production Ecosystem at CABSAT 2018 (14 – 16 January). Softwa
21/11/2017
Ross Video Announces New Software Defined Production Solution
At Inter BEE 2017, Ross Video recently unveiled the latest addition to its Software Defined Production (SDP) range of solutions, that also includes th
29/08/2017
Studio Technologies Unveils Model 5401
Studio Technologies has announced details of the Model 5401 Dante Master Clock. The Model 5401 provides precise timing signals for applications that u
17/10/2017
Barnfind Technologies Receives DN Gaselle Award
Barnfind Technologies has received a prestigious Gaselle award, joining just 1% of fellow Norwegian companies. The award was presented by Dagens Nærin
14/12/2018
Anevia to Provide Software Video Encoding Technologies To Ting Internet
Anevia has announced it will provide software video encoding technologies to Ting Internet for its new multiscreen TV service. Ting TV will offer live
04/10/2017
Wohler Technologies To Demonstrate Products At NAB NY 2017
Wohler Technologies is to demonstrate its latest product updates supporting SMPTE ST 2110 IP transport standards at NAB NY 2017 (Booth N125). Wohler w
09/04/2018
Sony To Showcase An Array Of New Technologies And Products At NAB
Sony is to display brand new technologies and products at NAB 2018, made for 4K, 8K, High Dynamic Range, IP and more. These new technologies and produ
31/03/2017
Faceware Technologies Relies On AJA Ki Pro Rack
Faceware Technologies develops complete hardware and software solutions to deliver advanced facial motion capture to the top film, video game, televis
15/03/2017
Chris Shaw Joins Wohler Technologies
Wohler Technologies has appointed Chris Shaw as Regional Sales Manager for North America. Shaw previously spent seven years at the company, from 1999
09/03/2018
Sonnet Technologies And Blonde Robot Announce Partnership
Sonnet Technologies has announced Blonde Robot as its new exclusive distributor of Sonnet products throughout southeast Asia. The professional video e
09/08/2017
Sonnet Technologies Adds To Thunderbolt 3 Line
Sonnet Technologies has unveiled the latest addition to its growing Thunderbolt 3 product line – the Thunderbolt 3 to Dual DisplayPort Adapter. The co