|[April 02, 2012]
InterDigital and Cinterion Extend Term of Patent License Agreement and Include 4G Coverage
KING OF PRUSSIA, Pa. --(Business Wire)--
InterDigital (News - Alert), Inc. (NASDAQ: IDCC) today announced that its patent
holding subsidiaries have entered into an amendment to their worldwide,
non-exclusive, royalty-bearing patent license agreement with Cinterion
Wireless Modules GmbH ("Cinterion"). The agreement has been amended to
add coverage for the 4G technologies LTE and WiMAX (News - Alert)™ and to extend the
license term to 2016. The patent license, which previously provided
coverage for Machine-to-Machine (M2M) modules and PC Cards, also has
been expanded to cover modules for use in certain consumer electronic
devices such as personal computers, tablets, and gaming devices.
"This agreement with Cinterion (News - Alert) further expands the licensing of
InterDigital's 4G portfolio into areas of opportunity such as the
growing markets for consumer electronic products and M2M devices. Based
on Cinterion's large share of the market for M2M modules ad Cinterion's
desire to expand into the market for modules used in consumer electronic
devices, we are pleased to have signed Cinterion to a longer term and
broader license that now includes coverage for LTE (News - Alert) and WiMAX™
standards," commented Lawrence Shay, President of InterDigital's patent
Cinterion, headquartered in Munich, Germany, is one of the world's
leading suppliers of cellular M2M communication modules that enable
machines, equipment and vehicles to communicate over wireless networks,
helping enterprises cut costs and increase productivity and efficiency.
The company's products are used for remote maintenance and control;
metering; payment systems; industrial PDAs; routers and gateways;
security systems; health care; automotive and eToll; tracking and
tracing; environmental monitoring and more.
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
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
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