InterDigital Announces Partnership with Plug and Play to Foster Innovative Startups and Collaborations in Gaming
October 14 2020 - 1:30PM
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 PlayPlug 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
StephensEmail: roya.stephens@interdigital.com +1 (202)
349-1714
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