APTX, a leading Ireland-based developer of licensable intellectual property for consumer audio compression, announced on April 8 that it appointed Seoul-based Apache Korea Corp. to provide sales, vertical marketing and technical support for apt-X audio codec technology in the Republic of Korea. The Korea IT Times spoke with Mike Canevaro, vice-president of Licensing Business Development for APTX, to get more details about this relationship.
Mr. Canevaro is based in Log Angeles, and is responsible for driving forward and implementing the apt-X licensing business strategy within the consumer electronics, mobile and broadcast industries. Prior to joining APTX, Mr. Canevaro spent 6 years with SRS Labs; he has also held various management positions with AOL Time Warner and CMGi.