WILMINGTON, Del., Oct. 14, 2020 /PRNewswire/ -- 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 Donald Butts,
Senior Director of Technology Strategy at InterDigital. "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 Play
Plug and Play is a global innovation platform. Headquartered in
Silicon Valley, we have built accelerator programs, corporate
innovation services, and an in-house VC to make technological
advancement progress faster than ever before. Since inception in
2006, our programs have expanded worldwide to include a presence in
over 30 locations globally, giving startups the necessary resources
to succeed in Silicon Valley and beyond. With 30,000 startups and
400 official corporate partners, we have created the ultimate
startup ecosystem in many industries. Companies in our community
have raised over $9 billion in funding, with successful
portfolio exits including Danger, Dropbox, Honey, Lending Club and
PayPal.
For more information,
visit https://www.plugandplaytechcenter.com/
InterDigital Contact:
Roya
Stephens
Email: roya.stephens@interdigital.com
+1 (202) 349-1714
Plug and Play Contact:
Allison
Romero
Email: allison@pnptc.com
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SOURCE Plug and Play