InterDigital Fails to Find Buyer, Will Pursue Licensing Plans
InterDigital announced that it has completed its review of strategic alternatives and was unable to find itself a buyer. The company hired Evercore Partners and Barclays Capital last July to explore the company's options, with the chief goal of finding a buyer for the company's 19,500 patents. The company said that instead of an outright sale, it will continue to develop its technologies through research and development, and will seek to license its patents to other companies. Many of InterDigital's patents cover technology for transferring information wirelessly, including 2G, 3G, and LTE. InterDigital believes it patent portfolio can create an annual revenue stream of $800 million within three to five years.
Microsoft Accuses InterDigital of Antitrust Behavior
Microsoft has filed an antitrust lawsuit against InterDigital, a patent-licensing firm, for charging exorbitant rates to license standard-essential patents. The two companies have been embroiled in patent litigation for years.
InterDigital's ITC Case Against ZTE Fails
The U.S. ITC today cleared ZTE of violating a phone-related patent held by InterDigital.
Nokia and ZTE Cleared In InterDigital Patent Case
A court today said Nokia and ZTE did not violate patents held by InterDigital, a patent licensing firm. InterDigital had filed a case against the two phone makers with the International Trade Commission.
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.