Samsung and InterDigital Strike Patent Accord
InterDigital today announced it has reached a patent licensing agreement with Samsung. The agreement, which InterDigital called "mutually beneficial," also puts to rest all pending litigation between the two companies. InterDigital is a patent assertion firm and makes money by pursuing such agreements with companies it believes is violating its intellectual property. Terms of the agreement were not disclosed, but InterDigital said it involved 3G, 4G and "certain future generation" wireless products. Last year, the U.S. International Trade Commission exonerated Huawei, Nokia, and ZTE of violating IntgerDigital patents.