Skip to main content

InterDigital Extends Term of Joint Venture and Renews Patent License Agreement with Sony Corporation of America

Written by Customer Service on . Posted in Public Companies.

WILMINGTON, Del., Jan. 10, 2022 (GLOBE NEWSWIRE) — InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced an extension of its business partnership and renewal of its patent license with Sony Corporation of America.

As well as renewing Sony’s license to InterDigital’s patent portfolio, the companies agreed to extend the term of the Convida Wireless joint venture, which has helped them deepen their research in areas such as 5G and the Internet of Things (IoT).

“Over the last eight years Sony Corporation of America has been a great partner and licensee,” commented Eeva Hakoranta, Chief Licensing Officer, InterDigital. “We are particularly delighted with how the collaboration has allowed us to strengthen our deep portfolio of assets in wireless technologies, at a time when increased connectivity is delivering huge value to consumers and businesses worldwide.”

Convida Wireless was launched in 2013 as a JV to combine Sony’s deep experience in consumer electronics with InterDigital’s pioneering IoT expertise to drive new research in IoT communications and other areas of connectivity.

About InterDigital®

InterDigital develops mobile and video technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry’s most critical and complex technical challenges, inventing solutions for more efficient broadband networks, better video delivery, and richer multimedia experiences years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world’s leading technology companies. Founded in 1972, InterDigital is listed on NASDAQ.

InterDigital is a registered trademark of InterDigital, Inc.

InterDigital Contact:
Richard Lloyd
Richard.lloyd@interdigital.com
+1 202 349 1716

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.