InterDigital Renews License Agreement with Sharp : vimarsana

InterDigital Renews License Agreement with Sharp


InterDigital Renews License Agreement with Sharp
Japanese technology leader has been a continuous licensee since 1998
WILMINGTON, Del., April 20, 2021 (GLOBE NEWSWIRE) — InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that its patent holding subsidiaries have renewed their multi-year, worldwide, non-exclusive, royalty bearing patent license agreement with Sharp Corporation. The agreement, which was set to expire in 2021, will continue to cover Sharp’s sale of its 3G and 4G mobile products. Sharp has been a continuous licensee of InterDigital since 1998, spanning multiple generations of cellular technology.
“Our agreement with Sharp shows that negotiation between responsible licensors and licensees can lead to long-term, mutually beneficial relationships that enable a company to take advantage of standards-based technology while respecting the value of the research that underpins our industry,” said Eeva Hakoranta, Chief Licensing Officer, InterDigital.

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