InterDigital Inc (IDCC)

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InterDigital signs license agreement with Alps Alpine
Company Release - 5/15/2023
WILMINGTON, Del., May 15, 2023 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, today announced that it has signed a new patent license agreement with Alps Alpine Co., Ltd.

The deal covers Alps Alpine’s range of devices under InterDigital’s standard essential patents related to HEVC.

“This new agreement demonstrates once again how our innovation is applied across a range of devices,” commented Eeva Hakoranta, Chief Licensing Officer, InterDigital. “Our long history of research in the video space means that we have a very strong portfolio of assets in HEVC and other leading codecs, and we’re delighted that we have been able to close this deal and open a new customer relationship with Alps Alpine.”