WILMINGTON, Del., June 07, 2017 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile technology research and development company, today announced that its patent holding subsidiaries have renewed their worldwide, non-exclusive, royalty-bearing patent license agreement with Panasonic Mobile Communications Co., Ltd. (“PMC”), covering 4G technologies, including LTE and LTE-Advanced.
“Renewing this agreement with PMC confirms that reasonable parties can find agreement on mutually beneficial patent licenses through good faith negotiations. PMC is a long-standing InterDigital licensee and this renewal will ensure PMC continues to have access to our wireless technologies,” said Lawrence F. Shay, President of InterDigital’s patent holding subsidiaries.
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