InterDigital Extends Term of Joint Venture and Renews Patent License Agreement with Sony Corporation of America
January 10 2022 - 4:00AM
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
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