InterDigital Inc (IDCC)

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InterDigital and Panasonic Mobile Communications Expand Patent License to Cover 4G


WILMINGTON, Del., Sept. 26, 2013 (GLOBE NEWSWIRE) -- InterDigital, Inc. (IDCC), today announced that its patent holding subsidiaries have amended their worldwide, non-exclusive, royalty-bearing patent license agreement with Panasonic Mobile Communications Co., Ltd. ("PMC") to add coverage for 4G technologies, including LTE and LTE-Advanced.
"PMC's agreement to expand its current patent license to cover sales of its 4G products is further support of our patent portfolio and patent licensing program," said Lawrence F. Shay, President of InterDigital's patent holding subsidiaries. "We are pleased with the continued and substantial progress of our 4G licensing program, confirming the significance of our 4G portfolio."