Invitation to develop business and ecosystem model further strengthens InterDigital’s leadership in 5G
Company Release - 9/4/2018 4:00 AM ET
WILMINGTON, Del., Sept. 04, 2018 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ: IDCC) a mobile technology research and development company, announced that it has joined the 5G Verticals INNovation Infrastructure (5GVINNI) External Stakeholder Board (ESB). Led by Telenor and comprising major operators, industry vendors and academia, 5GVINNI is one of three EU-led 5GPPP Phase 3 Test Bed projects designed to ease the uptake of 5G in Europe.
Funded by the EU’s Horizon2020 programme, 5GVINNI aims to deliver an end-to-end facility that validates the performance of new 5G technologies. The project will explore solutions for vertical industries, such as public safety, eHealth, shipping, transportation, media and entertainment and automotive.
InterDigital will play a key role in guiding and assessing the business value of 5G for the media industry, with a particular focus on the impact of video. InterDigital’s position as an ESB member will allow the company to run experiments on the 5G test bed built by the operators and vendors.
InterDigital was invited to join the board based on its leadership in both 5G and video technologies. Specifically, InterDigital’s involvement in the 5TONIC Lab was important in its invitation to the board. 5TONIC is the first Spanish 5G laboratory and aims to create a global open environment where members from industry and academia work together in specific research and innovation projects related to 5G technologies. The announcement comes following InterDigital’s recent closure of the acquisition of Technicolor’s patent licensing business – a global leader in the media and entertainment sector.
“This is an important milestone for us as a company and further points to our leadership in both 5G and video,” Alain Mourad, Director Engineering, R&D at InterDigital. “Our role as an ESB member places us at the forefront of 5G development and rollout in Europe, and we’re excited to be working with leading global operators, industry vendors and academics on the final phase of 5G rollout.”
5GVINNI will be run at four main sites located in Norway, the UK, Spain and Greece, and is expected to end in 2021.
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