Skip to main content

InterDigital Announces Partnership with Plug and Play to Foster Innovative Startups and Collaborations in Gaming

Written by Customer Service on . Posted in Public Companies.

WILMINGTON, Del., Oct. 14, 2020 (GLOBE NEWSWIRE) — InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that it will partner with global innovation and accelerator platform Plug and Play to serve as Anchor member for the platform’s Media & Advertising program. The partnership will also see InterDigital and Plug and Play work towards developing a new gaming vertical within the next year.
Plug and Play brings together the most promising startups with the world’s impactful corporations to drive investment, foster innovation and secure collaborative partnerships across an array of verticals. InterDigital’s extensive research in cutting-edge wireless and visual technologies and recent pioneering developments in cloud gaming has been influential in creating the gaming vertical to connect companies across gaming, edge and cloud, and synthetic media ecosystems.As an Anchor member, InterDigital will help guide new partnerships and priorities within the gaming vertical. Among their responsibilities, Anchor members participate in deal flow sessions, branding and networking, accelerator access, board membership, and more. In addition, InterDigital will collaborate with industry peers to better understand technology needs and partnership opportunities to leverage InterDigital’s industry-recognized research.InterDigital aims to become one of the leading research organizations in the world of gaming – an industry that is estimated to have 3.5 billion gamers by 2024. Gaming is an evolving vertical that leverages innovations in network architecture, video streaming and content delivery to shape the future of interactive gaming and entertainment. InterDigital is positioned to lead the development of future cloud gaming technologies with its deep expertise in creating low latency networks and video production technologies that have been used in blockbuster movies, such as the 2019 release of the Lion King.As part of the Plug and Play Gaming Committee working to develop a new program for gaming tech, InterDigital’s Senior Director of Technology Strategy Donald Butts and Senior Director of Partner Development Jeffrey Metzger will both hold advisory seats.“Over the past decade, there has been a shift in how the world creates and consumes content. As we stand on the brink of a new era where our devices will be both the tools and the creators, InterDigital is excited to create solutions for these emerging realities,” said InterDigital’s Donald Butts. “Our new partnership with Plug and Play will enable us to identify and collaborate with game-changing startups eager to leverage our technical capabilities and the new gaming experiences we explore.”“We are thrilled to have InterDigital, a global leader in fundamental wireless and video technologies, joining the Plug and Play open innovation platform,” says Sobhan Khani, Vice President at Plug and Play, about the newly forged partnership. “InterDigital’s unwavering commitment to the innovation ecosystem during this challenging time sends a clear message that they are ready to collaborate with startups and industry leaders to drive the development of augmented reality, immersive content, artificial intelligence, and other emerging technologies.”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 and is included in the S&P MidCap 400® index.InterDigital is a registered trademark of InterDigital, Inc.For more information, visit: www.interdigital.com.About Plug and PlayFor more information, visit https://www.plugandplaytechcenter.com/InterDigital Contact:
Roya Stephens
Email: roya.stephens@interdigital.com
+1 (202) 349-1714

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.