V-Nova Ltd. Acquires Video Processing Patents from Faroudja Enterprises
February 06 2017 - 5:30AM
Business Wire
Acquisition will expand and strengthen the
breadth of V-Nova’s existing patent portfolio and further improve
the performance of PERSEUS-based solutions.
V-Nova Ltd., a leading provider of video compression solutions,
today announced the completion of its first acquisition, by
purchasing the full global patent portfolio of video imaging
experts Faroudja Enterprises Inc. for an undisclosed sum.
Faroudja Enterprises Inc. was founded by video pioneer and
multiple Emmy Award winner Yves Faroudja, and the acquisition of
its patent portfolio is a strong investment by V-Nova in its own
long-term technology roadmap. The addition of the Faroudja
technology will further improve the efficiency of V-Nova's
compression technology PERSEUS™ and ensure that it continues to be
at the forefront of next-generation video services.
Guido Meardi, V-Nova CEO & Co-Founder, said of the
acquisition: "These are exciting times for V-Nova and our
customers, as we continue to expand our capabilities and grow
internationally. New, disruptive technologies such as Ultra-HD TV,
360 video, VR immersive video and high quality video transmission
on any network can all significantly benefit from solutions that
reduce the bandwidth requirements in a cost-effective and scalable
way. By acquiring the highly complementary patents of Faroudja
Enterprises’ ground-breaking solutions, we are enhancing our
ability to achieve this even further. Faroudja’s technology has
already been demonstrated to provide a bitrate reduction of 35-50%
over an existing compression technique. A tighter integration with
V-Nova’s PERSEUS will leverage the codec’s own bitrate reduction
performance to provide even greater benefits.”
The acquired patent portfolio consists of the Faroudja
pre-processor (for use prior to compression) and post-processor
(after compression decoding). The system also includes
techniques for video enhancement such as multidimensional video
processing as well as the use of a unique support layer in parallel
with the conventional compression path. The Faroudja
scheme complements compression standards such as MPEG-2,
h.264, HEVC and – of course - PERSEUS.
Michelle Abraham, Senior Research Analyst with Media &
Communications at S&P Global Market Intelligence commented
on the acquisition of Faroudja Enterprises’ IP by V-Nova: "Encoding
in the cloud is increasingly important to compression companies and
we can see evidence of this already through the growing prominence
of software encoding. Portfolio acquisitions such as the one
between V-Nova and Faroudja Enterprises demonstrate the importance
of continuing to advance video compression technology to ensure
high quality video can be transmitted across all types of
networks.”
The Faroudja IP patent portfolio strengthens V-Nova's existing
software solutions, without requiring modifications to the standard
codec. V-Nova is therefore able to fully leverage the value of
Faroudja Enterprises’ patents within V-Nova PERSEUS, consolidating
the unique competitive advantage of the platform as the only
hierarchical and fully parallel coding format on the market.
Yves Faroudja, President of Faroudja Enterprises, said:
"Our patent portfolio has been developed through years of
experience in award-winning image processing and video compression.
We are pleased that our innovation and hard work in developing
industry-leading patents will now contribute to V-Nova’s wider
global strategy to enable operators and service providers to
connect more people with high quality content, even when challenged
by bandwidth constraints. ”
***
About Faroudja Enterprises
Faroudja Enterprises develops intellectual property to improve
video streaming and file compression efficiency without affecting
perceived quality. The technology potentially delivers a bitrate
reduction of 35 to 50 percent with any existing compression
system.
Company founder Yves Faroudja, a video pioneer, has been granted
more than 80 patents and received three Emmys. A life fellow of the
Society of Motion Picture and Television Engineers, he was awarded
the prestigious David Sarnoff Gold Medal, and been the recipient of
many other honors.
About V-Nova
V-Nova is a London-headquartered software company providing
advanced signal compression technology and software solutions to
address the dramatic growth in global network traffic. V-Nova is at
the heart of digitalisation, serving multiple industry segments,
including TV & Media where it provides solutions spanning the
entire media delivery chain, from UHD/4K contribution to
distribution, to connected devices and set-top-boxes.
V-Nova's award-winning PERSEUS™ technology closes the gap
between evolving capacity needs and limitations associated with
legacy compression technologies to process data and video in new
ways. This means that data can be transported, stored and secured,
faster and more cost-effectively, without the need for network
upgrades. V-Nova is driving a new era in TV & Media
with ground-breaking software solutions that shift the
bitrate-quality curve to enable UHD at HD bitrates, HD at SD
bitrates, and SD video at sub-audio bitrates.
V-Nova is empowering a growing number of customers and partners
to differentiate their products, increase market reach, and provide
new services, all within currently available bandwidth and
infrastructure.
For more information please visit www.v-nova.com
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V-Nova Ltd.Segolene Rochepress@v-nova.com+44 (20) 7046
6270www.v-nova.com