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.
Microsoft Avoids Import Ban in InterDigital Case
Microsoft escaped what could have been a harmful ban on its devices as the U.S. International Trade Commission decided not to block the import of Microsoft's smartphones into the U.S.
Microsoft Loses Patent Case to InterDigital
The International Trade Commission today ruled Microsoft improperly used two InterDigital wireless patents without permission. The ruling judge said "it would not be against the public interest to ban the Microsoft [phones] from import into the United States." Patent-related complaints are often taken to the ITC, which has the power to enact such bans.