InterDigital has extended their licenses to RIM to include 4G patents which including LTE and LTE-Advanced from the previous patents. Looks like this deal will also be multi-year, so I'm hoping that no issues arise on the legal side of things. InterDigital is a powerhouse when it comes to owning LTE patents.
See the full press release below:
InterDigital and Research In Motion Extend Patent License and Include 4G
WILMINGTON, Del.–(BUSINESS WIRE)–InterDigital, Inc. (NASDAQ: IDCC) today announced that its patent holding subsidiaries have entered into an agreement which extends the term of their worldwide, non-exclusive, royalty-bearing patent license agreement with Research In Motion Limited (“RIM”). In addition to extending the patent license agreement for a multi-year period consistent with InterDigital’s licensing program, the parties agreed to amend the patent license to add coverage for 4G products, including LTE and LTE-Advanced products.
“This agreement, which extends the term of our patent license with RIM and includes 4G product coverage, continues the strong validation of InterDigital’s patent portfolio and our patent licensing program,” said Lawrence F. Shay, President of InterDigital’s patent holding subsidiaries. “We continue to experience very good progress in our 4G licensing program and look forward to adding additional 4G licensees.”
InterDigital develops fundamental wireless technologies that are at the core of mobile devices, networks, and services worldwide. We solve many of the industry’s most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world’s leading wireless companies. Founded in 1972, InterDigital is listed on NASDAQ and is included in the S&P MidCap 400® index.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com