InterDigital appoints Ken Kaskoun as Chief Growth Officer
February 12 2024 - 8:30AM
InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI
technology research and development company, today announced that
Ken Kaskoun has been appointed as the company’s Chief Growth
Officer, reporting to Liren Chen, President and Chief Executive
Officer of InterDigital.
An engineer and lawyer by background and an experienced
inventor, Ken joins from SomaLogic, a life sciences company, where
he was Senior Vice President of Strategy and Business
Development.
“Ken’s experience in the development of long-term growth
strategies for technology research and licensing companies makes
him an excellent fit as InterDigital’s Chief Growth Officer,”
commented Liren Chen, President and Chief Executive Officer of
InterDigital. “With InterDigital’s strong financial performance,
our licensing momentum, and our focus on growth in areas such as
video and cloud services, we are ideally positioned to capitalize
on new prospects and deliver even greater shareholder value.”
“I am delighted to join InterDigital as Chief Growth Officer at
such an exciting time in the company’s development,” Ken Kaskoun
said. “InterDigital’s recent trajectory and technological prowess
in wireless, video and AI offer an excellent platform to drive
growth from existing programs and from greenfield
opportunities.”
Prior to SomaLogic, Ken spent 15 years at Qualcomm in various
IP-related roles, most recently as Vice President of the Strategy
and Analysis team in Qualcomm Technology Licensing (QTL).
Ken has a BSEE from Old Dominion University, a JD from the
University of San Diego, and is a member of the State Bar of
California. He is the inventor of more than 30 granted patents and
pending applications.
About InterDigital®
InterDigital is a global research and development company
focused primarily on wireless, video, artificial intelligence
(“AI”), and related technologies. We design and develop
foundational technologies that enable connected, immersive
experiences in a broad range of communications and entertainment
products and services. We license our innovations worldwide to
companies providing such products and services, including makers of
wireless communications devices, consumer electronics, IoT devices,
cars and other motor vehicles, and providers of cloud-based
services such as video streaming. As a leader in wireless
technology, our engineers have designed and developed a wide range
of innovations that are used in wireless products and networks,
from the earliest digital cellular systems to 5G and today’s most
advanced Wi-Fi technologies. We are also a leader in video
processing and video encoding/decoding technology, with a
significant AI research effort that intersects with both wireless
and video technologies. Founded in 1972, InterDigital is listed on
Nasdaq.InterDigital is a registered trademark of InterDigital,
Inc.
For more information, visit: www.interdigital.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act of 1934,
as amended. Such statements include information regarding our
current beliefs, plans and expectations. Words such as “believe,”
“anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,”
“forecast,” “goal,” “could,” "would," "should," "if," "may,"
"might," "future," "target," "trend," "seek to," "will continue,"
"predict," "likely," "in the event," and variations of any such
words or similar expressions are intended to identify such
forward-looking statements. Forward-looking statements are made on
the basis of management’s current views and assumptions and are not
guarantees of future performance. Forward-looking statements are
inherently subject to risks and uncertainties that could cause
actual results, and actual events that occur, to differ materially
from results contemplated by the forward-looking statements. These
risks and uncertainties include, but are not limited to, (i)
unanticipated delays, difficulties or accelerations in the
execution of patent license agreements; (ii) the resolution of
current legal proceedings, including any awards or judgments
relating to such proceedings, additional or related legal
proceedings, including appeals, changes in the schedules or costs
associated with such proceedings or adverse rulings; (iii) our
ability to leverage our strategic relationships and secure new
patent license agreements on acceptable terms; (iv) our ability to
enter into sales and/or licensing partnering arrangements for
certain of our patent assets; (v) our ability to enter into
partnerships with leading inventors and research organizations and
identify and acquire technology and patent portfolios that align
with our roadmap; (vi) our ability to commercialize our
technologies and enter into customer agreements; (vii) the failure
of the markets for our current or new technologies to materialize
to the extent or at the rate that we expect; (viii) our continued
ability to develop new technologies and secure new patents,
including the risk of unexpected delays or difficulties related to
the development of our technologies; (ix) risks associated with our
capital allocation strategies, including risks associated with our
planned dividend payments and share repurchases; (x) changes in our
interpretations of, and assumptions and calculations with respect
to the impact on us of, the 2017 Tax Cuts and Jobs Act, as well as
further guidance that may be issued regarding such act; (xi) risks
related to the potential impact of new accounting standards on our
financial position, results of operations or cash flows; (xii)
failure to accurately forecast the impact of our restructuring
activities on our financial statements and our business; (xiii) the
timing and impact of potential administrative and legislative
matters; (xiv) changes or inaccuracies in market projections; (xv)
our ability to obtain liquidity though debt and equity financings;
(xvi) the potential effects that macroeconomic uncertainty could
have on our financial position, results of operations and cash
flows; (xvii) impacts from acts of terrorism, war or political or
civil unrest, or any responses thereto, in the United States or
elsewhere; (xviii) changes in our business strategy; (xix) changes
or inaccuracies in our expectations with respect to royalty
payments by our customers and (xx) risks related to our assumptions
and application of relevant accounting standards, including with
respect to revenue recognition.
We undertake no duty to revise or update publicly any
forward-looking statement for any reason, except as otherwise
required by law.
InterDigital Contact: Richard
LloydEmail: media@interdigital.com +1 (202) 349-1716
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