InterDigital acquired AI startup Deep Render, enhancing its video compression capabilities and strengthening its AI research team.
Quiver AI Summary
InterDigital, Inc. has announced the acquisition of AI startup Deep Render, which specializes in video codecs. This acquisition enhances InterDigital's AI capabilities and solidifies its leadership in video compression technology, while also expanding its patent portfolio in AI-based video coding. Deep Render, founded in London in 2018, has been innovative in AI applications for video and image compression. InterDigital's CEO, Liren Chen, noted that this acquisition aligns with their goal to improve the delivery of high-quality video content across various devices. The deal also allows Deep Render’s team of experts to join InterDigital, further supporting their joint mission to advance video technology innovations.
Potential Positives
- InterDigital strengthens its leadership in video compression by acquiring Deep Render, enhancing its AI capabilities and technology portfolio.
- The acquisition adds a team of world-class AI experts to InterDigital's Video Lab, broadening its talent pool in AI and video.
- Deep Render's innovative AI-driven video compression technology aligns with InterDigital's commitment to advancing video innovation and delivering high-quality video content.
Potential Negatives
- The press release includes a prominent section on forward-looking statements, indicating uncertainty regarding the successful integration of Deep Render and the realization of anticipated benefits from the acquisition.
- It lacks specific financial details about the acquisition, which could raise concerns about the financial impact on InterDigital.
- The emphasis on "risks and uncertainties" implies potential challenges ahead, which could deter investor confidence.
FAQ
What company did InterDigital acquire?
InterDigital acquired Deep Render, an AI startup focused on video codecs.
How does this acquisition enhance InterDigital's expertise?
The acquisition strengthens InterDigital's AI and video compression capabilities and deepens its talent pool.
What is the focus of Deep Render's technology?
Deep Render specializes in AI-based video and image compression to improve video processing and distribution.
Why is this acquisition strategically important for InterDigital?
This deal positions InterDigital to lead the development of next-generation video technologies and supports its existing strengths in HEVC and VVC.
How can consumers benefit from InterDigital's advancements?
Consumers will enjoy improved video quality and efficiency across various devices and streaming services due to these advancements.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$IDCC Insider Trading Activity
$IDCC insiders have traded $IDCC stock on the open market 21 times in the past 6 months. Of those trades, 0 have been purchases and 21 have been sales.
Here’s a breakdown of recent trading of $IDCC stock by insiders over the last 6 months:
- RAJESH PANKAJ (Chief Technology Officer) has made 0 purchases and 5 sales selling 4,700 shares for an estimated $1,259,679.
- JOHN D. JR. MARKLEY has made 0 purchases and 2 sales selling 1,384 shares for an estimated $306,293.
- JOSHUA D. SCHMIDT (CLO & Corp Secretary) has made 0 purchases and 2 sales selling 932 shares for an estimated $235,539.
- SAMIR ARMALY has made 0 purchases and 3 sales selling 779 shares for an estimated $176,456.
- DEREK K ABERLE has made 0 purchases and 3 sales selling 692 shares for an estimated $156,676.
- JEAN F RANKIN has made 0 purchases and 3 sales selling 606 shares for an estimated $137,242.
- JOHN A KRITZMACHER has made 0 purchases and 3 sales selling 519 shares for an estimated $117,632.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$IDCC Hedge Fund Activity
We have seen 276 institutional investors add shares of $IDCC stock to their portfolio, and 230 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRICE T ROWE ASSOCIATES INC /MD/ added 234,752 shares (+65.4%) to their portfolio in Q2 2025, for an estimated $52,638,440
- NORGES BANK added 227,780 shares (+253.8%) to their portfolio in Q2 2025, for an estimated $51,075,109
- DRIEHAUS CAPITAL MANAGEMENT LLC added 205,083 shares (+inf%) to their portfolio in Q2 2025, for an estimated $45,985,761
- NEW VERNON CAPITAL HOLDINGS II LLC removed 204,854 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $45,934,412
- WEDGE CAPITAL MANAGEMENT L L P/NC added 194,891 shares (+inf%) to their portfolio in Q3 2025, for an estimated $67,282,219
- CITADEL ADVISORS LLC removed 157,227 shares (-86.9%) from their portfolio in Q2 2025, for an estimated $35,255,010
- AMERICAN CENTURY COMPANIES INC removed 125,148 shares (-46.7%) from their portfolio in Q2 2025, for an estimated $28,061,936
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$IDCC Analyst Ratings
Wall Street analysts have issued reports on $IDCC in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Roth Capital issued a "Buy" rating on 09/12/2025
To track analyst ratings and price targets for $IDCC, check out Quiver Quantitative's $IDCC forecast page.
Full Release
WILMINGTON, Del., Oct. 30, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video, and AI technology research and development company, today announced that it has acquired Deep Render, an AI startup with a team of world-class AI experts focusing on video codecs.
The acquisition adds significant depth to InterDigital’s existing AI expertise, strengthens the company’s leadership in video compression, and accelerates InterDigital’s AI-native video research. The transaction also adds Deep Render’s patent portfolio in AI-based video coding to InterDigital’s market-leading video portfolio. As part of the deal, a team of AI experts will join InterDigital’s Video Lab.
Founded in London in 2018, Deep Render has pioneered the use of AI in video and image compression to change the way that video is processed and ultimately distributed to connected devices and services.
“With Deep Render’s strong focus on research and engineering, and on solving some of the most complex challenges in video, we believe this acquisition is an excellent fit for InterDigital,” commented Liren Chen, President and Chief Executive Officer, InterDigital. “The transaction deepens our talent pool in AI and video and extends InterDigital’s leadership in the efficient delivery of high-quality video, which enables consumers to enjoy content on a range of devices and a growing range of streaming and other video-based services.”
“Acquiring Deep Render means that we’re perfectly positioned to lead the development of the next generations of video technologies, building on our existing leadership in HEVC and VVC,” commented Rajesh Pankaj, Chief Technology Officer, InterDigital. “At InterDigital we have spent years placing AI at the center of our wireless and video research to make networks more efficient and to change the way we consume content, and this acquisition only adds to our research leadership.”
“InterDigital is the perfect home for Deep Render’s end-to-end AI-based video compression technology,” said Sebastjan Cizel, Head of Engineering, Deep Render. “Our world-class research and engineering team shares InterDigital’s commitment to advancing video innovation, and together we are uniting decades of video research with cutting-edge AI to drive the next generation of compression technologies and shape the future of how video content is delivered.”
About InterDigital ®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com .
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include information regarding our current beliefs, plans and expectations. Words such as “believe,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “forecast,” “goal,” “could,” “would,” “should,” “if,” “may,” “might,” “future,” “target,” “trend,” “seek to,” “will continue,” “predict,” “likely,” “in the event,” and variations of any such words or similar expressions are intended to identify such forward-looking statements.
Forward-looking statements are made on the basis of management’s current views and assumptions and are not guarantees of future performance. Forward-looking statements are inherently subject to risks and uncertainties that could cause actual results, and actual events that occur, to differ materially from results contemplated by the forward-looking statements. These risks and uncertainties include, but are not limited to our ability to successfully integrate Deep Render and to recognize the anticipated benefits of the transaction, and the other risks and important factors identified in the Company’s Annual Report on Form 10-K and the Company’s other SEC filings.
We undertake no duty to revise or update publicly any forward-looking statement for any reason, except as otherwise required by law.
InterDigital Contact:
Richard Lloyd
Email:
[email protected]
+1 (202) 349-1716