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Quanta Computer lnc
Established in 1988, Quanta Computer is the largest notebook computer ODM company in the world. With leading technology and strong R&D capability, Quanta has become a leader in hi-tech markets and the best partner providing quality design and manufacturing services to top-notched brands worldwide for technology products. Besides continuous high growth, high quality and high value creation in notebook computers, Quanta has extended its businesses into enterprise network systems, home entertainment, mobile communication, automotive electronics and digital home markets. With revealing "Cloud Computing" as the center of business innovation and development, Quanta has been integrating resources and redefining business model to capture emerging growth opportunities.
"Rooted in Taiwan with broad vision and aggressive expansion in the global market" is Quanta's strategy for long-term growth development. With "Quanta R&D Complex" (QRDC) as our global headquarters and the center of dynamics, we integrated worldwide resources in technology to ensure that Quanta Computer Inc. has technological advantages to design, develop, and manufacture high value-added products and solutions for customers. In addition, we have established operation centers across Asia, America, and Europe to manufacture, configure, and service products as well as to provide logistic supports to deliver products and services competitively everywhere in the world.
Quanta has over 70,000 employees worldwide, of which around 5,000 people are located in headquarters with the majority working in R&D and engineering development.
RIMM up over a dollar after hours on good 3Q results. Should be good for IDCC.
I thought the same thing until I went to the investor page of IDCC. They are listed. But never have I heard a squawk from them before.
NAZ is down 30pts and u are asking that. If not for the special dividend we would be down the same %.
260,158 shares closing trade! WTF? 925,000 for the day.
Not many 42.5 call options for this week and next but Dec 22 there are 3185 open interest. So the writers/MM will try to hug around the 42.50 area.
Or they went through all the stops to pick up shares.
Market dropped and that took all the indexes down with it and since IDCC is part of an index ergo we dropped.
options related more than likely at the 40 strike price
InterDigital Kicks Down an Open Door
By Anders Bylund | More Articles
February 23, 2012 | Comments (0)
When InterDigital (Nasdaq: IDCC ) closed the door on strategic alternatives, it didn't stay locked for long. Just one month after declaring the search for an exit strategy, the mobile patent wrangler punctuated its fourth-quarter report with a promise to start selling some patents. "As part of our expanded business plan, we also intend to generate cash flow from the sale of non-core patent assets," said CEO Bill Merritt.
That's far short of selling the entire company to the highest bidder, but a significant step in the same direction. Merritt wants to take advantage of the pockets of industry interest that showed up in the process of actually looking for all-or-nothing buyers. Whether by direct sales or joint partnerships, InterDigital wants to extract some money from small batches of patents that don't add much to the top or bottom lines today.
The income statement could use a bit of a boost. GAAP earnings fell 36% year-over-year to $0.49 per diluted share on sales of $77 million, down from $95 million a year ago. Analysts were expecting worse, so the stock is surging today. Still, the company doesn't paint a very pretty picture here.
Making matters even worse, InterDigital burned $10.8 million of free cash in the quarter and a total of $65.3 million in fiscal year 2011. Patent licenses in the red-hot mobile market may sound like easy money, but InterDigital is showing us how tough it really is to make a living this way. The stock has lagged behind the Dow Jones Industrial Index (INDEX: ^DJI ) benchmark over the last year, save for a brief respite when the company looked like it could find a buyer.
Investors in QUALCOMM (Nasdaq: QCOM ) and VirnetX (AMEX: VHC ) should take a good look at this object lesson. Though vastly different in size, scope, and maturity, both stocks are resting on the proven or supposed value of their mobile patent portfolios. It's not always an easy road to travel, especially if you don't have the financial safety cushion of chip giant Qualcomm.
Smartphones and tablets are building a trillion-dollar market before our very eyes, and InterDigital is desperately trying to find a foothold in that massive opportunity. Maybe the right strategy is behind another locked door, but it's hard to know until management pulls the handle. Investing in this revolution doesn't have to be difficult; some companies have already carved out their niches.
http://www.fool.com/investing/general/2012/02/23/interdigital-kicks-down-an-open-door.aspx
How do you join the mailing list?
Yeah, that's the guy. Couldn't recall the spelling of his name as it has been a number of years.
If memory serves, Goergenstein (sp?) purchased 3,000 shares when he was appointed CEO. That was that last open purchase I recall.
I find it amazing in watching the ticker, the bid/ask and the trades, on the number of trades that are made between the bid and ask even if the bid/ask is two cents apart. This is how, I assume, the MM's control the price from breaking too fast before they can get their ducks lined up to balance out their positions.
That was probably the pre "strategic initiative" offer which IDCC more than likely scoffed at.
Benzinga's M&A Chatter for Wednesday December 14, 2011
By Greg Chalmers
Benzinga Staff Writer
December 15, 2011 8:25 AM
Symbols: GOOG, IDCC, LRCX, MSFT, NVLS, NOK
Wednesday marked the return of two frequent m&a pairings and an after-hours merger announcement.
Google to Acquire Interdigital
The Rumor: Google (NASDAQ: GOOG [FREE Stock Trend Analysis]) to acquire Interdigital (NASDAQ: IDCC) for $65.50 per share. This rumor has been floating around for months and once again turned out to have no merit.
Interdigital responded to Benzinga's call with the usual 'no comment'. Google did not respond to our call.
Interdigital shares traded in a range of $38.51 to $42.30 on 61% greater than average volume, closing at $39.97, a gain of 2% for the day.
Microsoft to Acquire Nokia's Smartphone Business
The Rumor: Microsoft (NASDAQ: MSFT) to Acquire the smartphone business of Nokia (NYSE: NOK), according to a report issued by Danske Bank. The Danish bank said the transaction would take place in the first half of 2012.
Benzinga placed calls into both Nokia and Microsoft. Nokia did not respond and Microsoft replied with their usual 'no comment'.
Nokia shares traded in a range of $4.96 to $5.16 on less than the average daily volume, closing at $5.02, a gain of 0.60% for the day.
Lam Research to Acquire Novellus Systems
The Deal: Lam Research (NASDAQ: LRCX) to Acquire Novellus Systems (NASDAQ: NVLS), in an all-stock transaction valued at approximately $3.3 billion. The combined enterprise will retain the name of Lam Research Corp.
Novellus Systems was halted at 5:49pm, just prior to the press release. Shares resumed trading at 6:20pm and spiked as high as $42, up from the regular session close of $34.70.
Novellus closed the after-hours session at $41.68, up 20%.
There had last been takeover chatter in Novellus Systems on October 11.
These rumors came out yesterday. reported them in real-time as they occured.
Get real-time news and stock alerts by following Benzinga on Twitter!
(c) 2011 Benzinga.com. All rights reserved. This material may not be published in its entirety or redistributed without the approval of Benzinga.
Read more: http://www.benzinga.com/trading-ideas/long-ideas/11/12/2208561/benzingas-m-a-chatter-for-wednesday-december-14-2011#ixzz1gc4mvS2m
InterDigital's Board of Directors Declares Regular Quarterly Cash Dividend
Last update: 12/8/2011 4:01:00 PMKING OF PRUSSIA, Pa., Dec 08, 2011 (BUSINESS WIRE) --
InterDigital, Inc. (IDCC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.10 per share on its common stock, payable on January 25, 2012 to shareholders of record at the close of business on January 4, 2012.
About InterDigital(R) InterDigital develops fundamental wireless technologies that are at the core of mobile devices, networks, and services worldwide. We solve many of the industry's most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience years ahead of market deployment.
InterDigital has licenses and strategic relationships with many of the world's leading wireless companies. InterDigital is a registered trademark of InterDigital, Inc. For more information, visit: .
SOURCE: InterDigital, Inc.
InterDigital, Inc. Media Contact: Jack Indekeu, +1 610-878-7800 jack.indekeu@interdigital.com or Investor Contact: Janet Point, +1 610-878-7800 janet.point@interdigital.com
InterDigital, Inc. (IDCC) After Hours Trading
After Hours Last: Net / % Change $ 44.50
.67 (1.53%)
After Hours High: $ 45
After Hours Volume: 27,682 After Hours Low: $ 43.83
Time (ET) After Hours
Price After Hours
Share Volume
17:22 $ 44.50 100
17:16 $ 44.50 100
17:14 $ 45 100
16:58 $ 45 100
16:41 $ 43.83 1,473
16:41 $ 43.83 14,629
16:21 $ 43.83 705
16:16 $ 43.83 9,997
16:15 $ 43.83 478
Your estimation of the float may be a little high. In 2001 I attended my one and only shareholders meeting in which Bill Daglish reserved a side room for the Raging Bull cohorts to meet. Within that room there was an estimated 10 million shares held by those in attendance. I will admit though that a number of those in attendance probably are no longer holding shares or are no longer with us (mschere, art). And mschere's one time prediction that there may be only 10 retail share holders when IDCC hits it big is now very close to reality.
Readership will go up if there is another tweet or investment rag that publishes something.
Grid2Home Demonstrates Smart Energy Profile 2.0 Technology at ETSI M2M Workshop
Date: 2 November 2011
Contributed by Marketwire
Nov 02, 2011 SAN DIEGO, CA and SOPHIA ANTIPOLIS, FRANCE ,MARKETWIRE
Grid2Home, developer of Smart Energy Profile 2.0 (SEP 2) communication technologies, today announced that they participated in a multi-vendor demonstration of a new ETSI standard for machine-to-machine communication at the ETSI M2M Workshop in Sophia Antipolis, France on October 26-27, 2011. During the workshop, Grid2Home demonstrated a Smart Energy 2.0 device controlled and managed securely by a remote cloud based server using G2H-SE2 Software and InterDigital's common service layer based upon standardized application programming interfaces (APIs) that are independent and aware of the network.
"We were excited that Grid2Home was invited to participate in the ETSI M2M Workshop," stated Rick Kornfeld, CEO of Grid2Home. "The workshop addressed a pertinent set of topics for developers of M2M enabling technologies, and has provided an excellent venue for demonstration of the latest the industry has to offer, such as our G2H-SE2 Software in combination with InterDigital's service layer."
The G2H-SE2 Software, which supports multiple applications, including electric vehicles, appliances, thermostats and load and energy sources, is interoperable across a wide range of devices, and has been ported to multiple hardware platforms and physical layers including Wi-Fi, ZigBee and PLC variants such as G3-PLC and HomePlug-GP.
"The success of our demonstration with Grid2Home shows the maturity of our respective technologies and perfectly illustrates how the ETSI standard enables interoperability among different players in the M2M ecosystem," commented James N. Nolan, Executive Vice President of Research and Development at InterDigital. "We have had a great collaboration with Grid2Home and believe the company can be a major catalyst in unlocking the true potential of the smart grid."
During the workshop, Grid2Home demonstrated the G2H-SE2 Software's ability to be securely managed and remotely configured and controlled over a public network, where the server was cloud based and the client device was local network based. This would allow a service provider to manage smart energy devices remotely. Managed services will promote the mass adoption of energy saving devices that are required in the smart grid for homes and small businesses.
About G2H-SE2 Software The G2H-SE2 Software supports interoperability over wired and wireless networks. Grid2Home delivers complete smart energy software solutions that offer ease of integration, as well as hardware and physical layer architectural flexibility. The SEP 2 standards-compliant G2H-SE2 Software includes the application support layer, infrastructure services and transport and network layers. G2H-SE2 transport and network protocol layers are designed to allow for maximum flexibility and customization. The G2H-SE2 application support layer provides customers a starting point for developing their end-product applications, reducing the application integration burden and improving time to market. Unlike other solutions, a single G2H-SE2 application will run multiple and different physical layers at the same time. G2H-SE2 services and support facilitate product integration, application development and system test.
About Grid2Home Grid2Home is a communications software company at the forefront of smart grid connectivity technologies. Used across a range of devices such as smart meters, appliances and electric vehicles, the standards-compliant G2H-SE2 Software is portable across all major semiconductor platforms and physical layers including 802.15.4, 802.15.4g, 802.11 and Power Line Communications, allowing maximum product development flexibility and easy integration for Smart Grid device manufacturers. Active in driving Smart Energy Profile (SEP-2) communications standards for the Home Area Network (HAN), the Grid2Home management team and board of directors bring an unmatched combination of business savvy and communications protocol expertise to the fast-growing smart grid market. For more information see www.grid2home.com.
About ETSI ETSI produces globally applicable standards for Information and Communications Technologies (ICT), including fixed, mobile, radio, converged, aeronautical, broadcast and Internet technologies and is officially recognized by the European Union as a European Standards Organization. ETSI is an independent, not-for-profit association whose more than 700 member companies and organizations, drawn from 62 countries across 5 continents worldwide, determines its work program and participates directly in its work. For more information please visit: www.etsi.org
InterDigital is a registered trademark of InterDigital, Inc.
Not sure if these guys have much credibility.
More FUD. How do they know? What source?
What's going on? Anyone?
I will take 72.50 as long as the cash on hand is distributed as a special dividend.
Link please.
Next Gen Network Solutions
October 18, 2011
Growing 4G Wireless Market Boosts Companies like InterDigital and Alcatel-Lucent
By Rajani Baburajan, TMCnet Contributor
Innovative products from InterDigital and Alcatel-Lucent (News - Alert) assist in 4G shift, according to a recent report released by Bedford Report.
The growing 4G Wireless market is offering a boost to companies like InterDigital (News - Alert) and Alcatel-Lucent that have a strong portfolio of information technology patents.
These companies are performing well as organizations are becoming more mobile, allowing employees to connect directly with the corporate server, according to a press statement.
InterDigital offers solutions for use in digital cellular and wireless products and networks, including 2G, 3G, 4G, and IEEE (News - Alert) 802-related products and networks. It holds patents related to the fundamental technologies that enable wireless communications.
Recently, InterDigital, a wireless technology developer for mobile devices, networks and services, announced its machine-to-machine (M2M) solution association with Cinterion, a provider of M2M communication modules.
According to a Financial Times (News - Alert) report, Alcatel-Lucent agreed to sell its Genesys corporate call center services business for as much as $1.5 billion to the private equity firm Permira.
The 4G growth is happening in line with the North American smartphone and tablet sales that continue to skyrocket.
There is also a great demand for mobile Internet, and telecom customers are looking for smooth transitions to 3G or 4G networks.
The shift from 2G networks to 3G and 4G enables communications equipment for finding new growth opportunities, according to Bedford Report.
Recently, Spirent (News - Alert) Communications, a provider of test and measurement solutions, announced that Alcatel-Lucent selected Spirent’s solution to test the performance of its new FP3 400G network processor prior to its commercial launch.
As networks evolve to handle faster data speeds and to support new services, thorough testing of the equipment, components and infrastructure is the key to success
Rajani Baburajan is a contributing editor for TMCnet.
http://next-gen-network-solutions.tmcnet.com/topics/next-gen-network-solutions/articles/231002-growing-4g-wireless-market-boosts-companies-like-interdigital.htm
1LAguy. As a newbie with a born on date of 9/14/2011 you sure know IDCC by making this statement.
"However, the past leak (which obviously came from the IDCC camp)"
Any old timer on this board will tell you there has NEVER, EVER been a leak from the IDCC camp. This company is the most tight lipped company I know of. And Evercore and Barclay have a responsibility to IDCC to stay mum. All this FUD that has been thrown around by Dealreporter and Forbes is just that, FUD.
Joel....I have read your opinions about the courts opposition to not issuing a report when there is a possible buyout and I generally agree with your position. But would not the court have an obligation to issue a formal document to the parties concerned that a decision will not be forthcoming because of the potential buyout? If so, would not such a document be made public or recorded?
They will probably try to pin us to 47.50 strike price on the options by Friday. It is just amazing!
I am starting to believe that the lack of a decision by CAFC is holding up the "strategic initiative" process.
That sounds very plausible. IDCC has many patents on the books; applications for patents at the patent office; and many more I would think that are at the development stage. That being said, IDCC may have said that if you want a complete peek at all of our patents you need to pony up a fee to offset possible industrial espionage.
So are you saying that the MM's may have painted themselves into a corner and the only way they can get out is to lower the SP?
It's for sure that the additional options are not for the retail investor.
Original monthly options expired on Sep 23. But with the activity related to the current "strategic initiative" CBOE initiated options for IDCC which expire Sep 30. Additionally, they have initiated options for week ending Oct 7. If the "strategic initiative" extends beyond next week, they probably will initiate an additional weekly option expiration date.
I have a feeling that most of those trades correlated with the 50 strike puts & calls.
My bad. I saw the reply in my mailbox and assumed a PM.
GAB...thanks for the PM. I don't have the ability to send a PM back.
Thanks for the correction. I can imagine that after the first, second and third rounds, subsequent rounds will be fast and furious with shorter and shorter time frames to submit new bids.
I think Nortel went 18 rounds to conclusion. Not sure how many days that took.
I tend to fall inline with your thinking. AAPL being the lead in a consortium and being "all in" to take the company. Would have a great impact in lowering their margins and fighting off lawsuits.
If the process is ongoing, per IR's message, could we then be in round 2 or 3? If round 1 ended Friday, with parties notified Monday of Friday's results, then relooks, and new bids Tuesday. Consortia formed and rebids Thursday. Just thinking out loud.
I seem to recall someone mentioned that the bidding process for Nortel took four days to conclusion. Not sure of this. Correct me if I am not recalling correctly.