JPEG XS Patent Holders Fraunhofer and intoPIX are creating a JPEG XS Patent Portfolio License to offer a worldwide, non-exclusive License on fair, reasonable and non-discriminatory terms and conditions to make, use and sell JPEG XS products.
They decided recently to create a joint patents portfolio and offer One-stop licenses for JPEG XS via a joint-license agreement. The JPEG XS Patent Portfolio License will offer licensing solutions that provide access to fundamental intellectual property, freedom to operate, reduced litigation risk and predictability in the business planning process. In turn, this enables inventors, research institutions and technology owners to monetize and speed market adoption of their assets to a worldwide market while substantially reducing the cost of licensing.
The licensing program is anticipated to be set up by June 2021. Some preliminary information are made available on this website.