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Via Licensing and Pegatron Settle Patent License Dispute Concerning AAC Essential PatentsVia Licensing Corporation and Pegatron (News - Alert) Corporation have settled litigation brought by Via in September 2015 concerning Pegatron's breach of its AAC (Advanced Audio Coding) Patent License Agreement. The confidential settlement includes a payment to Via of all royalties owed by Pegatron under the AAC Patent License Agreement as Via alleged in its complaint. AAC is an audio compression scheme designed to provide high-quality audio at lower bit-rates than previous MPEG audio compression formats. "Via is very pleased with the outcome of the Pegatron case," said Joseph Siino, President of Via. "Along with the breach of contract action Via filed on March 22 against Compal Electronics, this settlement reflects Via's commitment to ensuring compliance among all of its more than 750 licensees." Through its AAC patent pol, Via offers a license to the AAC patent portfolios of industry-leading companies that include AT&T Corp., Dolby Laboratories, Ericsson, Fraunhofer IIS, Koninklijke Philips (News - Alert) N.V., Microsoft Corporation, NEC Corporation, NTT DOCOMO, INC., Orange S.A., and Panasonic Corporation, the key innovators of the AAC audio compression standard that is widely adopted in broadcast, consumer electronics, mobile, automotive, and personal computer products worldwide. About Via Licensing Corporation Via Licensing Corporation is a wholly owned subsidiary of Dolby Laboratories, Inc. a company with more than 50 years of experience in innovation and technology licensing. Via is dedicated to the development and administration of licensing programs for mandated, de facto, and emerging standards on behalf of innovative technology companies in the audio, broadcast, wireless, and automotive markets. For more information about Via, please visit vialicensing.com.
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