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jimmylee

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jimmylee

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Thursday, 01/03/2013 4:16:03 PM

Thursday, January 03, 2013 4:16:03 PM

Post# of 432689
Seeking Alpha

3:06 PM (7 minutes ago)



4:06 PM InterDigital (IDCC +0.6%) has launched an R&D JV with Sony (SNE -0.3%) focused on machine-to-machine (M2M) mobile connectivity. The JV, called Convida Wireless, is being announced less than 3 months after InterDigital announced a restructuring in which the company would both pare back its R&D spending and focus more of what it does spend on "market-ready technologies" such as M2M. The JV agreement also features a Sony license for InterDigital's 3G and 4G IP. (Read the comments on this)

More on IDCC: All | Earnings | Dividends | M&A | On the move

JL

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