InterDigital signs new license agreements with TPV
InterDigital, Inc. (Nasdaq: IDCC), a technology research and development company, has announced new patent license agreements with TPV, a major manufacturer of digital TVs. The agreements cover InterDigital's HEVC patents and DTV patents licensed through a joint program with Sony. These licenses apply to TPV's range of digital TVs across various brands.
Eeva Hakoranta, Chief Licensing Officer at InterDigital, stated that these agreements demonstrate the value of their portfolio in consumer electronics. She emphasized InterDigital's leadership in video technologies, particularly HEVC, highlighting how their innovations support a wide array of video-based devices and services. Hakoranta expressed satisfaction in securing additional licenses with another major TV manufacturer.
InterDigital, Inc. (Nasdaq: IDCC), un'azienda di ricerca e sviluppo tecnologico, ha annunciato nuovi accordi di licenza per brevetti con TPV, un importante produttore di TV digitali. Gli accordi coprono i brevetti HEVC e DTV di InterDigital, concessi tramite un programma congiunto con Sony. Queste licenze si applicano alla gamma di TV digitali di TPV di vari marchi.
Eeva Hakoranta, Chief Licensing Officer di InterDigital, ha dichiarato che questi accordi dimostrano il valore del loro portafoglio nell'elettronica di consumo. Ha sottolineato la leadership di InterDigital nelle tecnologie video, in particolare HEVC, evidenziando come le loro innovazioni supportino una vasta gamma di dispositivi e servizi basati su video. Hakoranta ha espresso soddisfazione per aver ottenuto ulteriori licenze con un altro grande produttore di televisori.
InterDigital, Inc. (Nasdaq: IDCC), una empresa de investigación y desarrollo tecnológico, ha anunciado nuevos acuerdos de licencia de patentes con TPV, un importante fabricante de televisores digitales. Los acuerdos cubren las patentes HEVC y DTV de InterDigital, licenciadas a través de un programa conjunto con Sony. Estas licencias se aplican a la gama de televisores digitales de TPV de varias marcas.
Eeva Hakoranta, Directora de Licencias de InterDigital, declaró que estos acuerdos demuestran el valor de su cartera en electrónica de consumo. Subrayó el liderazgo de InterDigital en tecnologías de video, particularmente HEVC, destacando cómo sus innovaciones respaldan una amplia variedad de dispositivos y servicios basados en video. Hakoranta expresó su satisfacción por asegurar licencias adicionales con otro importante fabricante de televisores.
인터디지털(InterDigital, Inc.) (Nasdaq: IDCC)는 기술 연구 및 개발 회사로, 디지털 TV의 주요 제조업체인 TPV와 새로운 특허 라이선스 계약을 체결했다고 발표했습니다. 이 계약은 Sony와 공동 프로그램을 통해 라이선스된 InterDigital의 HEVC 특허 및 DTV 특허를 포함합니다. 이러한 라이선스는 TPV의 다양한 브랜드의 디지털 TV에 적용됩니다.
인터디지털의 라이선스 책임자인 Eeva Hakoranta는 이러한 계약이 소비자 전자제품에서 그들의 포트폴리오의 가치를 보여준다고 밝혔습니다. 그녀는 HEVC 기술에서의 인터디지털의 리더십을 강조하며, 그들의 혁신이 다양한 비디오 기반 장치와 서비스에 어떻게 기여하는지를 언급했습니다. Hakoranta는 또 다른 주요 TV 제조업체와 추가 라이선스를 확보한 것에 대해 만족감을 표현했습니다.
InterDigital, Inc. (Nasdaq: IDCC), une entreprise de recherche et développement technologique, a annoncé de nouveaux accords de licence de brevets avec TPV, un important fabricant de téléviseurs numériques. Les accords concernent les brevets HEVC et DTV d'InterDigital, accordés par le biais d'un programme conjoint avec Sony. Ces licences s'appliquent à la gamme de téléviseurs numériques de TPV sous différentes marques.
Eeva Hakoranta, Directrice des Licences chez InterDigital, a déclaré que ces accords démontrent la valeur de leur portefeuille dans l'électronique grand public. Elle a souligné le leadership d'InterDigital dans les technologies vidéo, en particulier HEVC, mettant en évidence comment leurs innovations soutiennent une large gamme d'appareils et de services basés sur la vidéo. Hakoranta a exprimé sa satisfaction d'avoir obtenu des licences supplémentaires avec un autre grand fabricant de téléviseurs.
InterDigital, Inc. (Nasdaq: IDCC), ein Unternehmen für Forschung und Entwicklung im Technologieumfeld, hat neue Lizenzvereinbarungen für Patente mit TPV, einem großen Hersteller von digitalen Fernsehern, angekündigt. Die Vereinbarungen betreffen die HEVC-Patente und DTV-Patente von InterDigital, die im Rahmen eines gemeinsamen Programms mit Sony lizenziert wurden. Diese Lizenzen gelten für die Palette der digitalen Fernseher von TPV über verschiedene Marken hinweg.
Eeva Hakoranta, Chief Licensing Officer bei InterDigital, erklärte, dass diese Vereinbarungen den Wert ihres Portfolios im Bereich der Unterhaltungselektronik verdeutlichen. Sie betonte die Führungsposition von InterDigital in der Video-Technologie, insbesondere bei HEVC, und hob hervor, wie ihre Innovationen eine breite Palette von video-basierten Geräten und Dienstleistungen unterstützen. Hakoranta äußerte ihre Zufriedenheit, mit einem weiteren großen TV-Hersteller zusätzliche Lizenzen gesichert zu haben.
- New patent license agreements signed with TPV, a major digital TV manufacturer
- Agreements cover HEVC patents and DTV patents from InterDigital-Sony joint licensing program
- Demonstrates value of InterDigital's portfolio in consumer electronics
- Reinforces InterDigital's leadership in video technologies
- None.
Insights
This agreement with TPV marks a significant win for InterDigital in the consumer electronics licensing space. The deal encompasses both HEVC and DTV patents, showcasing the breadth of InterDigital's portfolio. HEVC (High Efficiency Video Coding) is important for modern video compression, enabling higher quality streaming and broadcast content.
The inclusion of Sony's DTV patents through a joint licensing program demonstrates InterDigital's strategic partnerships and expanded reach. For investors, this signals potential for increased recurring revenue streams and validates the company's R&D investments in video technologies.
While specific financial terms aren't disclosed, licensing deals in this sector often involve upfront payments and ongoing royalties. This could positively impact InterDigital's bottom line, especially given TPV's significant market presence in digital TVs across various brands.
TPV's agreement to license InterDigital's technology portfolio is a strong market indicator. As a major manufacturer of digital TVs under multiple brands, TPV's decision suggests broad industry acceptance of InterDigital's patents. This could lead to a domino effect, encouraging other manufacturers to seek similar licenses.
The deal strengthens InterDigital's position in the rapidly evolving smart TV and streaming device market. With the global smart TV market projected to grow significantly, securing licenses with major players like TPV positions InterDigital to capitalize on this growth trend.
Investors should note that such licensing agreements often have multi-year terms, providing a stable revenue outlook. This deal may also enhance InterDigital's attractiveness to potential acquirers or partners in the tech sector.
WILMINGTON, Del., Oct. 01, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that the company has signed new patent license agreements with TPV, a major manufacturer of a range of digital TVs under various brands.
These agreements license TPV to InterDigital’s extensive portfolio of HEVC patents as well as DTV patents licensed through InterDigital´s joint licensing program with Sony.
“These agreements are another testament of the value of our portfolio in the consumer electronics space,” commented Eeva Hakoranta, Chief Licensing Officer, InterDigital. “InterDigital’s leadership in video technologies such as HEVC showcases how our innovation underpins a broad range of video-based devices and services, and we’re delighted to have closed these additional licenses with another major TV manufacturer.”
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.
InterDigital Contact:
Richard Lloyd
Email: richard.lloyd@interdigital.com
+1 (202) 349-1716
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