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German company purchases license of software developed by INESC TEC
The software IBT, INESC Porto Beat Tracking, developed by the research group led by Matthew Davies, researcher at INESC TEC’s Centre for Telecommunications and Multimedia (CTM), has stirred up interest with Mamoworld, a German company. The company, which signed the license on 15 November, has combined the IBT with software of their own in order to commercially exploit it.
The IBT, now on the webpage of the group “Research in Sound and Music Computing at INESC TEC/Faculty of Engineering of the University of Porto (SMC Group)”, is available under an open-source license.
The IBT is the result of another software
called Marsyas, which was developed by George Tzanetakis (Associate Professor
at University of Victoria, Canada). After a negotiation period between INESC
TEC’s Technology Licensing Office, Mamoworld and George Tzanetakis, and following
several technical trials, an agreement was reached, namely in terms of the royalties
and scope of the license. On 15 November, a license was signed that allows
Mamoworld to incorporate the IBT in their software without the obligations
associated with the open-source
license.
The researcher mentioned in this news piece is associated with INESC TEC.
INESC TEC, November 2015