ObjectVideo, Panasonic Enter Patent License Agreement
RESTON, Va. — Panasonic has signed a patent license agreement with video analytics provider ObjectVideo (OV).
As part of the agreement, OV has granted Panasonic access to patents relating to broader video and image manipulation, segmentation, video meta data, indexing, search, tripwire and next generation intelligent occupancy sensors.
“We continue to see an increased demand for accurate, easy-to-use analytics in the video surveillance sector,” OV Chairman Raul Fernandez says. “As an early inventor of such fundamental technologies, ObjectVideo is pleased to offer our partners access to our intellectual property through our licensing program.”
In July 2011, OV filed a complaint with the U.S. International Trade Commission (ITC) against Sony, Samsung and Bosch, alleging that the companies infringed upon OV’s patented technologies. Last year, OV entered global patent licensing agreements with Bosch and Sony, ending the feud between the companies. Additionally, signed agreements with Pelco by Schneider Electric, American Dynamics and Vivotek.
Last July, OV dropped its patent infringement case with the ITC against Samsung.
If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!
Security Is Our Business, Too
For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add sales to your bottom line.
A free subscription to the #1 resource for the residential and commercial security industry will prove to be invaluable. Subscribe today!