Tuesday, January 16, 2018 4:20:47 PM
On January 16, 2018, certain subsidiaries of InterDigital, Inc. (collectively, “InterDigital”) entered into an amended patent license agreement and settlement agreement (the “Settlement Agreement”) with Pegatron Corp. (“Pegatron”), pursuant to which the parties have amended certain terms of their existing 2008 patent license agreement, agreed to resolve all of their existing disputes, and agreed to discuss potential research and development or other technical collaboration between the parties.
InterDigital and Pegatron have agreed to terms for dismissal by them of all outstanding litigation and other proceedings among these companies and their affiliates, including, without limitation, the action in the U.S. District Court for the Northern District of California and the related arbitration previously disclosed in InterDigital, Inc.’s Annual Report on Form 10-K for the year ended December 31, 2016 and Quarterly Report on Form 10-Q for the quarter ended September 30, 2017
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