InterDigital Extends Term of Joint Venture and Renews Patent License Agreement with Sony Corporation of America

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WILMINGTON, Del., January 10, 2022 (GLOBE NEWSLETTER) – InterDigital, Inc. (NASDAQ: IDCC), a mobile and video technology research and development company, today announced the extension of its business partnership and the renewal of its patent license with Sony Corporation of America.

In addition to Sony’s license renewal for InterDigital’s patent portfolio, the companies have agreed to extend the term of the Convida wireless joint venture, which helped them deepen their research in areas such as 5G and the Internet of Things (IoT).

“Over the past eight years Sony Corporation of America has been a great partner and licensee, ”commented Eeva Hakoranta, Director of Licensing, InterDigital. “We are particularly excited about how the collaboration has enabled us to strengthen our broad portfolio of assets in wireless technologies, at a time when increased connectivity offers tremendous value to consumers and businesses around the world. “

Convida wireless was launched in 2013 as a joint venture 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 heart of devices, networks and services around the world. 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 before market deployment. . InterDigital has licenses and strategic relationships with many of the world’s leading technology companies. Founded in 1972, InterDigital is listed on the NASDAQ.

InterDigital is a registered trademark of InterDigital, Inc.

Internumeric contact: Richard lloyd[email protected]
+1 202 349 1716

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Source: InterDigital, Inc.

2022 GlobeNewswire, Inc., source Press Releases

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