UHD Alliance, Inc. has reported changes to its membership, complying with the National Cooperative Research and Production Act of 1993. Optoma Technology, Inc. has joined the group, while Teledyne LeCroy has left. The purpose of these notifications is to extend legal protections that limit damages in antitrust lawsuits. No other changes in membership or activities are planned, and UHD Alliance will continue to notify about future membership changes.
Simple Explanation
UHD Alliance is a group of companies working together on TV technology, and they've made changes to their team. A company named Optoma Technology has joined, and another called Teledyne LeCroy has left, which they shared to help protect themselves in certain legal cases.