Gemstar-TV Guide Expands European Patent Licensing Through Agreement with Humax, a Leading Provider of Retail Set-Top BoxesMonday, March 24th, 2008
LOS ANGELES — Gemstar-TV Guide International, Inc. (NASDAQ: GMST), a leading media, entertainment and technology company, announced today that it has signed a patent license agreement with Humax Co., Ltd., one of the world’s leading set-top box manufacturers. The multi-year agreement includes a patent license allowing Humax to incorporate interactive program guides (IPGs) in retail digital set-top boxes that are distributed throughout Europe. The patent license also extends to digital televisions and digital recording devices deployed by Humax. Specific terms of the agreement were not otherwise disclosed.
Founded in 1989 in Korea, Humax is one of the world’s leading digital set-top box manufacturers.
“We are very pleased to have this patent license in place with Humax,” said Samir Armaly, executive vice president, licensing and intellectual property, Gemstar-TV Guide. “This is another agreement for Europe that underlines the increasing value of our intellectual property in the region.”