In 2006, Tao was named a World Economic Forum Technology Pioneer and was ranked 26th in the 2006 Tech Track 100 in association with the Sunday Times. Red Herring included Tao in its top 100 European privately held companies in 20. More than 50 companies were members, mostly Japanese. From 2001 to 2004, the Open Contents Platform Association (chaired by Kyocera President Yasuo Nishiguchi) and Tao CEO Francis Charig looked at networked device standardisation using Intent. Tao licensed more than 20 million copies of Intent to clients, working with companies such as Sony, NEC, JVC, Kyocera, HTC, Philips Electronics, Kodak, Sharp and Panasonic. Tao won a BAFTA Interactive Entertainment Award in 2005 for the miniMIXA product. SSEYO won a BAFTAInteractive Entertainment Award in 2001. In 2002, Tao acquired SSEYO, a British audio company that specialised in generative music technologies and created the Koan generative music engine. In 1998, Tao Group released the second generation, VP2. In the same year, the company released the first generation of its virtual machine, called Virtual Processor (VP). Francis Charig and Chris Hinsley founded Tao Group in 1992.
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