TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Directory
  • Smart Studio
  • Surveys
  • Debates
  • Perspectives
  • DSP Leaders World Forum
  • DSP Leaders
  • Great Telco Debate
    • |
    • Follow
    • |
    • Subscribe
  • |
  • More
  • Webcasts
  • Surveys
  • Debates
  • Perspectives
  • Great Telco Debate
  • |
  • Follow TelecomTV
  • |
    • Subscribe
    • |
  • About
  • Privacy
  • Help
  • Contact
  • Follow TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Tracker

TelecomTV TRACKER

Sourced by TelecomTV's TRACKER platform
from InterDigital

Tracker

InterDigital and LG Electronics, Inc. sign multi-year patent license agreement

Via InterDigital

Dec 5, 2017

Agreement resolves outstanding litigation between the companies

Company Release - 12/4/2017 8:30 AM ET

WILMINGTON, Del., Dec. 04, 2017 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a wireless research and development company, today announced that the company’s patent licensing subsidiaries have signed a multi-year, worldwide, non-exclusive patent license with LG Electronics, Inc. (“LG”), a global leader and technology innovator in consumer electronics, mobile communications and home appliances. The deal also commits the parties to explore cooperation for projects related to the research and development of video and sensor technology for connected and autonomous vehicles.

The agreement covers the 3G, 4G and 5G terminal unit products of LG and its affiliates and sets forth a royalty of cash payments to InterDigital as well as a process for the transfer of patents from LG to InterDigital. The parties have also agreed to terms for dismissal by InterDigital of the outstanding litigation among the parties and their affiliates.

“We are very happy to have resolved our licensing dispute with LG on mutually agreeable terms and look forward to a successful relationship with LG going forward. This agreement with LG shows how our longstanding patent licensing framework and process can lead to effective, productive discussions and eventual resolution on a worldwide basis,” said William J. Merritt, President and Chief Executive Officer of InterDigital. “The agreement also underscores the broad portfolio of technologies we’ve contributed and continue to contribute to the entire industry, and represents another important step towards our efforts to bring a significant portion of major terminal unit providers under license.”

Related Topics
  • 4G LTE,
  • 5G,
  • Access Evolution,
  • Announcement,
  • Device Software & Apps,
  • Digital Platforms & Services,
  • InterDigital,
  • Legacy 2G/3G,
  • Mobile,
  • News,
  • North America,
  • Patents and IPR,
  • Tracker,
  • Video

More Like This

Access Evolution

Interxion: A Digital Realty Company collaborates with PCCW Global to deliver submarine cable gateway to Europe

Jan 15, 2021

Access Evolution

How AI and connectivity could unlock a new drone age for industry

Jan 15, 2021

Security

Versa Networks records strongest year ever of rapidly growing SASE and secure SD-WAN sales

Jan 14, 2021

Access Evolution

CityFibre invests over £60m in Sunderland’s Full Fibre future

Jan 14, 2021

5G

EE named UK's No. 1 network for gaming as 5G is switched on in 13 new UK towns

Jan 14, 2021

This content extract was originally sourced from an external website (InterDigital) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

1:4:29

Great Telco Debate: Live Debate – Day 2 (On-demand)

1:18:20

Great Telco Debate: Live Debate – Day 3 (On-demand)

43:08

Developing an ecosystem for vRAN

1:5:11

Great Telco Debate: Live Debate – Day 1 (On-demand)

  • TelecomTV
  • Decisive Media

TelecomTV is produced by the team at Decisive Media

Menu
  • News
  • Videos
  • Channels
  • Directory
  • Smart Studio
 
  • Surveys
  • Debates
  • Perspectives
  • Events
  • About Us
Our Brands
  • TelecomTV Tracker
  • TelecomTV Perspectives
  • DSP Leaders
  • DSP Leaders World Forum
  • The Great Telco Debate
Get In Touch
[email protected]
+44 (0) 207 448 1070

Request a Media Pack

Follow
  • © Decisive Media Limited 2021. All rights reserved. All brands and products are the trademarks of their respective holder(s).
  • Privacy
  • Terms
  • Legal Notices