HP Joins the HEVC Advance Patent Pool [Yahoo! Finance]
HP Inc. (HPQ)
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Source: Yahoo! Finance
HP Inc. ("HP") as a Licensee to the HEVC Advance Patent Pool. The PC industry continues to experience widespread HEVC penetration to the benefit of consumers and HEVC content providers. All major CPUs, GPUs, operating systems and browsers support HEVC. The addition of HP to the program significantly expands the pool's coverage for PCs. HP joins other recent additions to the HEVC Advance pool including Acer, ASUS, Dell, and Lenovo. As a result, five of the top PC companies by sales volume are now licensed under the HEVC Advance Pool, in addition to many other PC companies. By joining the pool as a Licensee, litigations brought by several HEVC Advance Licensors against HP, and countersuits brought by HP in a Massachusetts state court, are now resolved. Peter Moller, CEO of Advance, commented on the significance of this development, stating, "We are very pleased to welcome HP to the HEVC Advance Patent Pool, which further recognizes the fairness of Advance's program and structure, in
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HPQ
Earnings
- 8/28/24 - Miss
HPQ
Sec Filings
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- HPQ's page on the SEC website