License Agreements Now Include New Products Such as Tablets
KING OF PRUSSIA, Pa.--April 10, 2012-- InterDigital, Inc. (NASDAQ: IDCC) today announced that its patent holding subsidiaries have entered into amendments to their worldwide, non-exclusive, royalty-bearing patent license agreements with Acer, Inc. ("Acer") and Pantech Co. Ltd. ("Pantech"). The license agreements as amended now include patent coverage for products not previously covered under the license, including tablets. Both of the original license agreements when signed in 2009 (Pantech) and 2011 (Acer) covered 2G, 3G, and 4G technologies.
"As the market for connected consumer electronic devices continues to expand and evolve, InterDigital® is successfully expanding the scope of our licensing program to include these new products. With companies such as Acer and Pantech continuing to expand their product offerings, we look to continue to broaden the reach of our licensing program as well," commented Lawrence Shay, President of InterDigital's patent holding subsidiaries.
InterDigital develops fundamental wireless technologies that are at the core of mobile 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.
For more information, visit: www.interdigital.com.