InterDigital signs license agreement with Zebra Technologies Corporation

Rhea-AI Summary

InterDigital, Inc. (NASDAQ:IDCC) has announced a multi-year, worldwide, non-exclusive, royalty-bearing licensing agreement with Zebra Technologies impacting its 4G, 5G, and WiFi technologies. This marks the 16th such agreement in the past 18 months, demonstrating InterDigital's strong licensing momentum. Over 80 companies, including major firms like Apple and Huawei, have licensed InterDigital’s patents, which have been integrated into approximately 800 million devices sold last year and over six billion devices over the past decade.

Positive

• Signed a multi-year, royalty-bearing license agreement with Zebra Technologies.
• 16th licensing agreement in 18 months indicates strong momentum.
• More than 80 known companies have adopted InterDigital's technologies.

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• None.

WILMINGTON, Del., July 05, 2022 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that it has signed a multi-year, worldwide, non-exclusive, royalty bearing license with Zebra Technologies Corporation under InterDigital’s standard essential patents related to 4G and 5G wireless, and WiFi technology.

“This agreement is another sign of our strong licensing momentum,” commented Eeva Hakoranta, Chief Licensing Officer, InterDigital. “As our 16^th agreement over the last 18 months it underlines how foundational our technologies are across a growing range of industries in an increasingly connected world.”

Approximately 80 companies including Apple, Huawei, Samsung and Xiaomi have taken licenses to InterDigital’s extensive portfolio of patented innovations in wireless and video technologies. Roughly 800 million devices sold last year and over six billion devices sold within the past decade have been licensed to InterDigital’s patents.

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.

For more information, visit: www.interdigital.com.

InterDigital Contact:
Richard Lloyd
Email: richard.lloyd@interdigital.com
+1 (202) 349-1716

FAQ

What is the latest licensing agreement made by InterDigital (IDCC)?

InterDigital has signed a multi-year, worldwide, non-exclusive licensing agreement with Zebra Technologies for its 4G, 5G, and WiFi technologies.

How many licensing agreements has InterDigital signed recently?

InterDigital has signed 16 licensing agreements in the last 18 months.

Which major companies have licensed InterDigital's technologies?

Major companies including Apple, Huawei, Samsung, and Xiaomi have licensed InterDigital's extensive portfolio.

How many devices have been licensed to InterDigital’s patents?

Approximately 800 million devices were licensed in the last year, with over six billion devices over the past decade.