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nieves

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nieves

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Monday, 03/17/2003 7:45:58 PM

Monday, March 17, 2003 7:45:58 PM

Post# of 432922
InterDigital Communications (IDCC: news, chart, profile) rose 42 percent after the company inked royalty-bearing licensing agreements with Ericsson (ERICY: news, chart, profile) and Sony Ericsson for sales of terminal units and wireless infrastructure products. The deals resolve long-standing patent infringement litigation between the companies. InterDigital also said the agreements establish financial terms for the royalty obligations of Nokia (NOK: news, chart, profile) and Samsung under the 'most favored licensee' provision of their respective existing licensing deals


Daniel Nieves

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