HONG KONG -- UTStarcom ("UTStarcom" or "the Company") (Nasdaq:UTSI), a global telecommunications infrastructure provider, today announced that its partner, aioTV, has received a second critical patent from the U.S. Patent and Trademark Office.
The patent covers, among other things, methods and systems for delivering video content from multiple platforms to subscribers.
This announcement comes just a few weeks after aioTV's first patent award for technology that enables unified service creation from multiple sources of live, on demand and/or freely available internet content. Taken together, the receipt of these patents allows aioTV to advance its core mission, which is to give consumers a greater range of options to combine multiple sources of live, on demand and freely available internet content into a single experience that consumers can use to access their video from one place.
UTStarcom is the single largest shareholder of aioTV having originally invested in aioTV in 2012 as part of a strategy to expand into value-added media operational support services to sell to broadband infrastructure customers.
UTStarcom Inc. (Nasdaq: UTSI)