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.
Nokia, Apple File Dueling Patent Lawsuits
Dec 21, 2016
Nokia and Apple have this week filed patent-related lawsuits against one another in various jurisdictions. Nokia's claims, filed in Germany and the U.S., say that Apple is using Nokia's patented technology without permission.
Microsoft Accuses InterDigital of Antitrust Behavior
Aug 21, 2015
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.
Yahoo to Consider 'Strategic Alternatives' for Internet Biz
Feb 2, 2016
Yahoo has announced plans to explore strategic options for its internet business, which has struggled to turn a profit in recent years. The company said it plans to improve consumer and advertiser product quality while also increasing the number of daily users.
Google, Seeking Patent Peace, Debuts PAX Licensing Network
Apr 3, 2017
Google today announced PAX, a patent-licensing initiative for Android that the company hopes will help resolve and/or prevent patent-related threats. Companies that join PAX give each other royalty-free patent licenses that cover Android and Google applications on compatible devices.