Qualcomm, Newport Media In Patent Deal

San Diego-based Qualcomm and Lake Forest-based Newport Media have signed a royalty-free patent agreement enabling Newport Media to use QUALCOMM's technology in its products. The two companies said Friday that Newport Media will use Qualcomm's technolgoy to design, manufacture, and sell certain semiconudctor chip products implementing Qualcomm's MediaFLO technology. Qualcomm has been promoting MediaFLO as a high speed, broadband video tranmissions protocol. Newport Media is developing integrated digital audio and mobile TV semiconductors, and is backed by Benchmark, Global Catalyst Partners, Oak Investment Partners, Pinnacle Venture, Venrock, and others.