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Intel last year bid billions trying to get the Nortel patents. Thursday RealNetworks said Intel was paying it $120 million cash for 190 "foundational media" patents, 170 patent applications and next-generation video codec software good for stuff like streaming. The IP is apparently supposed to brace Intel's Ultrabook, smartphone, tablet and digital media interests. Intel's also picking up Real's video codec engineering team. Real retains "certain rights to continue to use the patents in current and future products." RealNetworks and Intel signed an MOU to collaborate on future support and development of the next-generation video codec software and related products. Real is trying to return to profitability. ... (more)

Countdown to DesignCon 2012: High-Profile Keynotes, Panel Discussions, & New Social Media Briefing Added to Roster

SAN FRANCISCO, Jan. 27, 2012  /PRNewswire/ -- UBM Electronics, the daily source of essential business and technical information for the electronics industry's decision makers, has announced the addition of "From Social Media to Social Learning", a special evening event created for marketing and PR leaders in the electronics industry, which will take place on February 1st from 5pm – 6pm in Room 211 at the Santa Clara Convention Center. DesignCon 2012, which will be held in Santa Clara, Calif., January 30 through February 2, , will provide 100+ sessions as part of the 14 tracks that... (more)

Intel Buys QLogic’s InfiniBand Unit

Intel is buying QLogic's InfiniBand operation for its supercomputer clustering charms. The semiconductor giant is spending $125 million cash on the product line and certain unidentified assets and expects to hire a "significant" number of QLogic people to enhance its networking portfolio, provide a scalable HPC fabric technology, and support Intel's goal of innovating on fabric architectures to achieve ExaFLOP/s performance by 2018. ExaFLOP/s is a quintillion computer operations per second, a hundred times faster than today's supercomputers. In 2019 the top 100 supercomputers are... (more)

Intel Names Brian Krzanich as COO

Intel has named Brian Krzanich COO, the job CEO Paul Otellini got three years before being named chief executive. Otellini's got to retire in four years when he turns 65 so Krzanich, 51, is being perceived as Otellini's new heir apparent, replacing Sean Maloney, who had a stroke two years ago and is now chairman of Intel China. Patrick Gelsinger took himself out of the running in 2009 when he moved to EMC, where he will probably become CEO someday. Krzanich, who will report to Otellini, is responsible for worldwide manufacturing, the soul of Intel. As COO he will continue to over... (more)

Joyent Secures $85M in Venture Funding

Joyent, a global provider of cloud computing software and services, on Monday announced it has completed an $85 million funding round, with European group Weather Investment II providing the majority of the round. Weather II was advised by Accelero Capital, an investment and management group. Both Weather II and Accelero focus on telecommunication and related media and technology companies that clearly hold promise in the rapidly and profoundly changing telecom and enterprise markets worldwide. Telefónica Digital, the growth arm of global telecom leader Telefónica, is also parti... (more)