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Re: Gamco post# 431707

Wednesday, 10/25/2023 10:42:56 PM

Wednesday, October 25, 2023 10:42:56 PM

Post# of 432754
InterDigital and Sony’s Joint Venture to Launch IoT Licensing Program: Accelerating Innovation and Connectivity in the IoT Ecosystem

BY TOM GARDNER ON OCTOBER 24, 2023 7:19 AM

Title: InterDigital and Sony’s Joint Venture to Launch IoT Licensing Program

InterDigital and Sony have teamed up to launch a joint venture called Convida Wireless, which aims to commercialize 10 years of research and development in the Internet of Things (IoT) space. The venture will license its machine-to-machine (M2M) connectivity technologies to cloud and edge services companies, as well as telecom providers, for their IoT platforms.

Convida Wireless seeks to leverage its expertise in IoT connectivity to enable companies to enhance their IoT offerings. By licensing its M2M connectivity technologies, Convida Wireless aims to contribute to the growth and development of the IoT ecosystem.

The IoT market is rapidly expanding, with more and more devices being connected to the internet. This presents a significant opportunity for companies to leverage IoT technologies to improve efficiency, enhance customer experiences, and drive innovation. However, developing and implementing IoT solutions can be complex and resource-intensive. This is where Convida Wireless comes in, offering companies the opportunity to access and utilize its proven M2M connectivity technologies.

By partnering with cloud and edge services companies and telecom providers, Convida Wireless aims to accelerate the adoption of IoT technologies and drive innovation in various industries. The licensing program will enable these companies to integrate Convida Wireless’ M2M connectivity technologies into their existing IoT platforms, enhancing their capabilities and expanding their offerings.

The joint venture between InterDigital and Sony brings together two industry leaders with extensive experience in the IoT space. InterDigital is a renowned technology research and development company, while Sony is a global leader in technology and entertainment. The collaboration between these two powerhouses is expected to result in cutting-edge IoT solutions that will shape the future of connected devices.

As the IoT market continues to grow, it is crucial for companies to have access to reliable and efficient connectivity solutions. Convida Wireless aims to address this need by licensing its M2M connectivity technologies, providing companies with the tools they need to succeed in the IoT space. With the launch of this joint venture, InterDigital and Sony are poised to make a significant impact on the IoT ecosystem, driving innovation and enabling the seamless connectivity of devices.

In conclusion, InterDigital and Sony’s joint venture, Convida Wireless, is set to launch an IoT licensing program that will enable cloud and edge services companies, as well as telecom providers, to access and utilize its M2M connectivity technologies. This collaboration aims to accelerate the adoption of IoT technologies and drive innovation in various industries, ultimately shaping the future of connected devices.

#IoTLicensing #ConvidaWireless #M2MConnectivity #IoTEcosystem #IoTInnovation #ConnectedDevices


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