Sisvel Licenses Its VP9 Video Codec Patents to Panasonic.

Panasonic agreed to license Sisvel’s VP9 patent portfolio, said the Luxembourg licensor Thursday. The VP9 video codec supports video resolutions higher than 1080p and lossless audio coding. It also supports HDR video formats using hybrid log-gamma and perceptual quantization technologies. VP9 licensees pay Sisvel on a “running royalty scheme” or an alternative “committed volume scheme.”