Five years ago this week… V-Nova’s Perseus video compression technology was recast as SMPTE VC-6 – involving the separation of into Perseus Pro for production and contribution encoding, and Perseus Plus for enhancing compression and computational performance. The latter served more as an enhancement or accelerator for existing codecs rather than a straight alternative, based on V-Nova’s neural network convolution suited to analysis of visual images. This would set the scene for what would come a year later, when V-Nova’s LCEVC was standardized as MPEG-5 Part 2 in 2020. Xperi lowers revenue outlook Xperi posted a mixed Q3 report, highlighting traction in media and automotive units, with total revenue reaching $132.9 million, a modest increase from last year’s…