Sorenson Media Licenses Technology To Semiconductor Firm

San Diego-based Sorenson Media, the developer of video encoding and decoding software, said today that it has licensed its Sorenson Spark Video decoder to semiconductor firm Renesas Electronics Corporation. Financial details of the deal were not disclosed. Sorenson said that Renesas will use its video decoder in its next generation chipsets. Sorenson's decoding software is used to play videos from the Internet.