InterDigital and Sharp Corporation Expand Patent License Agreement to Include LTE Coverage
August 17 2016 - 8:30AM
InterDigital, Inc. (NASDAQ:IDCC), a mobile technology research and
development company, today announced that its patent holding
subsidiaries have amended their worldwide, non-exclusive, royalty
bearing patent license agreement with Sharp Corporation (“Sharp”)
to add coverage for 4G technologies. Sharp is now licensed for the
sale of its LTE and LTE-A terminal unit products. The parties also
have settled the arbitration initiated by Sharp in December 2014.
“Sharp has been an InterDigital licensee since 1998 and
InterDigital is pleased that Sharp is expanding its patent coverage
to include 4G,” said Marie H. MacNichol, Vice President, Chief
Licensing Officer and Chief Intellectual Property Counsel of
InterDigital's patent holding subsidiaries. “We appreciate
Sharp’s efforts in working with us to complete this transaction and
continue our long-standing relationship, which will allow Sharp to
continue its strong position in the wireless market.”
About InterDigital®
InterDigital develops mobile 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 and a
richer multimedia experience years ahead of market deployment.
InterDigital has licenses and strategic relationships with many of
the world's leading wireless 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.
InterDigital Contact:
Patrick Van de Wille
Email: patrick.vandewille@interdigital.com
+1 (858) 210-4814
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