InterDigital and Broadpeak Announce Collaboration on MPEG V3C Standardized Content Distribution At Scale

WILMINGTON, Del., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Today, InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, and Broadpeak (Euronext Growth: ALBPK), a global leader in CDN and advanced video streaming solutions, announced a collaboration to develop content delivery networks capable to stream MPEG Visual Volumetric Video-based Coding (V3C) immersive content at scale.

Volumetric video is a critical component in the creation and enjoyment of increasingly immersive experiences and the MPEG V3C standard defines the general mechanism for coding and streaming volumetric content. Unlike traditional video, volumetric video is comprised of a sequence of frames, where each frame is a 3D representation of a real-world object or scene capture from a moment in time. Volumetric content requires significant bandwidth, and the compression codecs within the MPEG V3C standard play an important role in achieving sustainable and viable data rates for the industry. The wide-scale distribution of volumetric content to broad audiences also depends on efficient and V3C-compliant distribution networks, and this is a key area of focus for the InterDigital-Broadpeak collaboration.

The collaboration will leverage each partner’s research expertise. InterDigital will contribute the V3C end-to-end implementation platform built jointly with its partner Philips, and Broadpeak will contribute on packaging and content delivery network (CDN) technologies. Together the partners will demonstrate and benchmark efficient delivery of immersive media, including through industry trade shows.

“As we innovate and push the boundaries of distributing immersive content and experiences, it is our collaboration and joint research with partners like Broadpeak that further amplify our research impact,” said Rajesh Pankaj, EVP, and Chief Technology Officer, InterDigital. “Together, our technology contributions foster crisper outcomes and enhanced efficiency when processing volumetric content to deliver the increasingly immersive experiences we all demand.”

“Video service providers seek to offer new experiences to their customers to differentiate in their market, increase their ARPU and lower their churn. Volumetric content streaming is one of the most attractive immersive use cases, but it is a challenge to deliver these bandwidth-intensive formats at scale,” said Guillaume Bichot, Head of Exploration at Broadpeak. “Thanks to our collaboration with InterDigital, we will further enhance our Origin-Packager and CDN to stream standardized V3C volumetric content to wide audiences.”

InterDigital and Broadpeak will showcase the latest results of their collaboration on immersive content distribution at scale at Mobile World Congress in Barcelona from February 26 – 29. Located at the Broadpeak booth #CS299 in Congress Square, the partners will display the innovative ability to stream volumetric video content to wide audiences on commercially available, off-the-shelves devices.

About InterDigital ^®

InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.

InterDigital is a registered trademark of InterDigital, Inc.

For more information, visit: www.interdigital.com.

Forward-Looking Statements

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We undertake no duty to revise or update publicly any forward-looking statement for any reason, except as otherwise required by law.

About Broadpeak ^® (https://broadpeak.tv)

Broadpeak^® designs and manufactures video delivery components for content providers and network service providers deploying IPTV, cable, OTT, and mobile services. Its portfolio of solutions and technologies powers the delivery of movies, television programming, and other video content over managed networks and the internet for viewing on any type of device. The company’s systems and services help operators increase market share and improve subscriber loyalty with superior quality of experience.

Broadpeak supports all of its customers worldwide, from simple installations to large delivery systems reaching capacities of several million simultaneous streams. The company is headquartered in Cesson-Sevigne, France.

Broadpeak is listed on Euronext Growth Paris (code ISIN: FR001400AJZ7; ticker: ALBPK)