HEVC Holds Promise for Mobile Video and Ultra High Definition TV Applications

ME NewsWire / Business Wire

DENVER - Saturday, January 18th 2014

MPEG LA, LLC announced today that a group of 25 companies have agreed on HEVC license terms expected to issue as part of an HEVC Patent Portfolio License in early 2014. A summary is attached. Final agreements are yet to be concluded.

High Efficiency Video Coding (HEVC, also known as H.265 and MPEG-H Part 2) is a standard designed to improve video coding efficiency for the benefit of Internet and mobile service providers and consumers with increased speed and capacity. HEVC is also expected to deliver next generation higher resolution HDTV video displays for 4K and 8K Ultra High Definition TV ("UHDTV”).

"As contemplated, the HEVC license will utilize a modern streamlined pool licensing approach with simple easy-to-understand terms making the technology readily accessible to the largest possible market in the s ... Read more »

HOUSTON - Friday, January 17th 2014 [ME NewsWire]

(BUSINESS WIRE) The Board of Directors of Schlumberger Limited (NYSE:SLB) today approved a 28% increase of the quarterly dividend. The increased dividend of $0.40 per share of outstanding common stock is payable on April 11, 2014 to stockholders of record at the close of business on February 19, 2014.

About Schlumberger

Schlumberger is the world’s leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide. Employing approximately 120,000 people representing over 140 nationalities and working in more than 85 countries, Schlumberger provides the industry’s widest range of products and services from exploration through production.

Schlumberger Limited has principal offices in Paris, Houston and The Hague, and reported revenues from continuing operations of $41.73 billion in 2012. For more information, visit www.slb.com.
... Read more »

FORT LAUDERDALE, Fla. - Thursday, January 16th 2014 [ME NewsWire]

(BUSINESS WIRE) GA Telesis LLC ("GA Telesis”) and Wafra Capital Partners Inc. ("Wafra Capital Partners”) jointly announced today that GA Telesis has raised $500 million from institutional and private clients advised by Wafra Capital Partners to establish a new aviation investment vehicle focused on aircraft and engine investment opportunities. The vehicle will be named GA Telesis Aviation Investments LLC ("GAIN”) and will be managed by GA Telesis Capital Management, LLC, a wholly owned subsidiary of GA Telesis. Together with the capital raise, GA Telesis’ own capital, and existing credit facilities, GAIN’s capacity for investments is up to $1 billion.

GAIN will seek to make investments in commercial aircraft, engines and new generation component inventories, for long-term or short-term lease. GAIN will also acquire assets for immediate disassembly and resale of the components and parts. GAIN has broad flexi ... Read more »

New Product Line and Campaign Launch with Super Bowl Kickoff

ENGLEWOOD CLIFFS, N.J - Thursday, January 16th 2014 [ME NewsWire]

(BUSINESS WIRE) Today AXE introduces AXE Peace, both a new line of products and a ground-breaking campaign to bring young people together to affect change with a simple, yet powerful, act: a kiss.

AXE introduces the AXE Peace collection across all of the brand’s grooming product categories: body spray, deodorant and antiperspirant sticks, shower gel, shampoo and conditioner, hair styling, face wash and shave gel. (Photo: Business Wire)

The showpiece of the campaign is a 60-second film and a 30-second commercial titled "Love,” which will premiere nationally on Sunday, Feb. 2 during Super Bowl XLVIII. The spot, created by BBH London and directed by Rupert Sanders, is a collection of global vignettes that cinematically depict the campaign’s theme of "make love, not war” and includes an inspirational call to action: #KissForPeace. The 6 ... Read more »