Streaming media pioneer RealNetworks (RNWK) soars 24.5% after announcing it's selling 190...

|By:, SA News Editor

Streaming media pioneer RealNetworks (RNWK) soars 24.5% after announcing it's selling 190 patents and 170 patent applications, as well as its next-gen video codec software, to Intel (INTC) for $120M (nearly half its market cap as of yesterday's close). The purchase could bolster the video processing capabilities of Intel's PC and mobile CPUs, especially given many of them now feature integrated graphics processors.