Getting
a License — Why Bother?
Many companies believe that because the source
code of a technology can be accessed at virtually
no charge, they can integrate the technology
in their products without considering intellectual
property. They argue that since they possess
the code itself, they certainly have the right
to use the technology.
However, in
most cases a licensing agreement with the rightful
owners of the corresponding intellectual property
for the solutions they bring to market is required
to legitimately integrate and use core enabling
technologies such as speech and audio codecs.
The onus is on solution providers to ensure
that they have attained appropriate and full
rights to integrate and deploy the technologies
comprising their offerings. Often, tracking
down and obtaining intellectual property rights
agreements with all of the patent holders associated
with a given technology can be an arduous, costly,
time-consuming and imprecise task. Patent pools
provide a convenient and cost-effective alternative
by supplying all of the essential patents for
a given technology through a single license
administrator.
VoiceAge Corporation is proud to provide this
service for the AMR-WB+ and AMR patent pools.
Consider
Intellectual Property Rights (IPR)
Contributors to technology standards invest
millions of dollars not only for the sake of scientific progress but also in expectation of a return
on their investment. Their R&D efforts are
partially driven by the anticipation that, one day, the technologies
they invent will be widely adopted by the
industry and become a source of revenue from
intellectual property. So it should come as
no surprise that if their technologies are used
without the proper acquisition of rights, patent
owners may decide to take legal action against
unlicensed users.
Gain
a Competitive Advantage
Acquiring a license for the use of a patented
technology provides a tremendous competitive
advantage to licensees, who gain the ability
to advertise that their products are indemnified
— which may not be the case for the competition.
This advantage could be decisive for potential
customers who are concerned with proper legal
coverage and product quality.
Add
Financial Value
Legal considerations aside, a license should
also be recognized as a valuable asset. For
example, in the case of an IPO or a merger,
holding the proper rights to use third-party
technologies could be as important as the products
themselves. What’s more, licensing agreements
may be used for cross-licensing purposes, as
a way to secure the authorization to use other
technologies. And a licensing agreement may
also provide the right to use its associated
patents in other products.
Enhance
Your Global Image
In today’s industry, the image and reputation
of a company are often regarded as significant
as its products. When quality and the transparency
are considered as important criteria for doing
business, holding the rights to use third-party
patents is an essential component of a strong
image.
Find out more
For details on codecs with IPR licensed by VoieAge, click a codec name in the side menu at the top of this page. For licensing IPR, please contact licensing@voiceage.com.