RealNetworks bets on surge in demand for cutting-edge technologies

RealNetworks Inc is looking to tap the rich seam of innovation in China, as the US digital media software and service provider looks to further consolidate its presence in one of its fastest growing markets, a top executive said.

"China is an important market for our continued growth," said Rob Glaser, founder and CEO of Real-Networks. "Innovative, collaborative and partner-oriented" are the top three words that the company associates with China, he said.

"Unlike other economies, China has its own unique market in terms of innovation, energy and value that has been created," he said, adding that Tencent and Alibaba are among the world's most valuable companies and are almost on par with big names like Facebook, Google, Apple, Micro-soft, and Amazon.