APT, Moseley Extend Algorithm Deal

APT, Moseley Extend Algorithm Deal
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APT signed a three-year licensing agreement with Moseley Associates for the latter to use APT's Standard and Enhanced apt-X algorithms.
APT's John McCaffrey said Moseley has been a user of the apt-X technology in its STLs. "With a new generation of products in the pipeline, the company saw an opportunity to extend this very successful relationship by migrating from APTX100ED chips to a more versatile licensing model," he states.