ObjectVideo, Agent Vi ink patent license agreement

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Monday, December 30, 2013

ROSH HA’AYIN, Israel and RESTON, Va.—ObjectVideo and Agent Vi have signed a patent license agreement, the companies announced recently.

The global, non-exclusive, royalty-bearing license to ObjectVideo’s 55 patents gives protection to Agent Vi’s products, according to the announcement. Agent Vi produces open architecture video analytics software.

"Agent Vi provides flexible video analytics solutions, with powerful options for both edge and server based solutions," said Raul Fernandez, ObjectVideo chairman, in a prepared statement. "We are very pleased to add Agent Vi's complete product portfolio to the growing list of 'risk-free' analytics solutions on the market.”

Agent Vi is the 16th company to license ObjectVideo’s patents, according to the release.

“Our commitment to our ecosystem of product users, sales channels and integration partners has always been our highest priority, and we are happy to have reached this agreement, which allows us to shield our ecosystem through a stronger intellectual property foundation,” said Itsik Kattan, Agent Vi CEO, in a prepared statement.