New subsidiary in London marks continued growth of Sisvel's international operations
LONDON, Oct. 1, 2012 /PRNewswire/ -- Sisvel International announced the formation of Sisvel UK Limited and the opening of its office in central London, which will be the base of activities for several new patent licensing programs expected to launch in the coming months. With the new subsidiary and office, the Sisvel Group now includes seven locations on three continents.
In announcing the expansion, Giustino de Sanctis, CEO of Sisvel International SA, noted that "London is one of the world's greatest commercial centers, offering an outstanding business environment that is exceptionally well-connected to Europe, North America, and Asia. The new office will complement and strengthen Sisvel's global network of licensing resources," explained Mr. de Sanctis. "With over 100 professionals worldwide, Sisvel will develop and manage the new UK-based programs according to the same methods proven over our 30 years of experience."
Further details regarding Sisvel UK's patent licensing activities will be announced in connection with the launch of each upcoming licensing program.
About Sisvel
Started in 1982 when Sisvel S.p.A. was founded in Italy, the Sisvel Group has become a world leader in managing intellectual property and maximizing the value of patent rights. The Sisvel Group is global in scope and reach, with companies in Italy (Sisvel in None Torinese and Edico in Rome), the United States (Sisvel US and Audio MPEG in Metropolitan Washington, DC), China (Sisvel Hong Kong), Japan (Sisvel Japan in Tokyo), Germany (Sisvel Germany in Stuttgart), Luxembourg (Sisvel International), and now in the United Kingdom (Sisvel UK), with over one hundred professionals worldwide with technical, legal, and licensing expertise.
Sisvel has a long history of managing successful patent portfolios including those related to the audio compression standards known as MP3 and MPEG Audio, and widespread technologies such as OSD (On Screen Display), ATSS (Automatic Tuning & Sorting System), and WSS (Wide Screen Signaling - for automatic switching of television image formats). Sisvel currently operates patent pools for the UHF-RFID, CDMA 2000, DVB-T, and DVB-T2 standards.
For additional information, please visit www.sisvel.com.
