RealNetworks Inc. (RNWK) said it has completed the sale of patents and next generation video codec software to Intel Corp. (INTC) for $120 million.
RealNetworks said that it retains certain rights to continue to use the patents in current and future products and does not expect the sale will have any material impact on its businesses.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.