Wilmington, Delaware – InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that it has signed a new multi-year licence agreement with HP Inc. The agreement licenses HP personal computers to InterDigital’s Wi-Fi and video decoding technologies.

“This agreement provides HP and its PC customers with the benefits of our foundational innovation and allows further investment into our wireless, video and AI research,” said Julia Mattis, Interim Chief Licensing Officer, InterDigital. “I am pleased we were able to close this licence through amicable negotiation and I’d like to thank the HP team for their professional approach throughout the negotiation process.”

HP is one of the world’s largest PC manufacturers and this agreement means that InterDigital now has more than 50% of the PC market under licence.