InterDigital renews a multi-year licensing agreement with Seiko Solutions for cellular technology under its essential patents.
Quiver AI Summary
InterDigital, Inc. has announced the renewal of a multi-year, worldwide, non-exclusive license with Seiko Solutions Inc., which pertains to cellular products under InterDigital's standard essential patents for 3G, 4G, and 5G technologies. This agreement highlights the success of bilateral negotiations with a long-standing licensee and reinforces the value of InterDigital's innovations in the connected technology ecosystem, according to Julia Mattis, the company's Chief Licensing Officer. InterDigital focuses on research and development in wireless, video, and artificial intelligence technologies, licensing its innovations to various companies across multiple sectors, including communications, electronics, and cloud services. Founded in 1972 and listed on Nasdaq, InterDigital continues to lead in wireless and video technology development.
Potential Positives
- Renewal of the multi-year license demonstrates continued trust and a strong relationship with Seiko Solutions Inc., highlighting the company's established position in the market.
- The agreement includes InterDigital’s standard essential patents for 3G, 4G, and 5G technologies, indicating the significance and ongoing relevance of its intellectual property in the rapidly evolving tech landscape.
- The press release emphasizes InterDigital's role as a key player in the ecosystem of connected technologies, underlining its contributions to advancements in wireless communication and AI.
- By renewing this license, InterDigital reinforces its revenue stream through royalty-bearing agreements, which can contribute positively to financial stability and growth.
Potential Negatives
- The renewal of a license with Seiko Solutions Inc. may indicate a lack of new significant partnerships or expansions, reflecting a potentially stagnant growth in new licensing agreements.
- The press release highlights a royalty-bearing aspect of the license, which may imply the company is reliant on ongoing licensing revenue rather than expanding its own product offerings or market reach.
- The language suggests this is a continuation rather than a new development, which could indicate limited innovation or progress in developing new technologies since the existing licensee's commitment is already established.
FAQ
What is the recent agreement between InterDigital and Seiko Solutions?
InterDigital has renewed a multi-year, worldwide, non-exclusive license with Seiko Solutions for cellular products under its standard essential patents.
What technologies are covered by the license with Seiko Solutions?
The license covers 3G, 4G, and 5G cellular wireless technologies developed by InterDigital.
Who is the Chief Licensing Officer at InterDigital?
Julia Mattis is the Chief Licensing Officer at InterDigital.
What does InterDigital specialize in?
InterDigital focuses on mobile, video, AI technology research, and the development of essential wireless communication technologies.
Where can I find more information about InterDigital?
More information about InterDigital can be found on their official website at www.interdigital.com.
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.
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$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.
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Full Release
WILMINGTON, Del., Oct. 23, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced it has renewed a multi-year, worldwide, non-exclusive, royalty bearing license with Seiko Solutions Inc.
The license covers Seiko Solution Inc.’s cellular products under InterDigital’s standard essential patents related to 3G, 4G and 5G cellular wireless technology.
“This agreement is another example of a license concluded through bilateral negotiation with a long-term InterDigital licensee and provides further confirmation of the value of our innovation to the ecosystem of connected technologies,” commented Julia Mattis, Chief Licensing Officer, InterDigital.
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 .
InterDigital Contact:
Richard Lloyd
Email:
[email protected]
+1 (202) 349-1716
