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The German company Fraunhofer-Gesellshaft developed MP3 technology and now licenses the patent rights to the audio compression technology - United States Patent 5,579,430 for a "digital encoding process". The inventors named on the MP3 patent are Bernhard Grill, Karl-Heinz Brandenburg, Thomas Sporer, Bernd Kurten, and Ernst Eberlein.
http://inventors.about.com/od/mstartinventions/a/MPThree.htm
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