Tech Firm InterDigital Inks License Agreement with Alps Alpine

CIOTechOutlook Team | Monday, 15 May 2023, 11:52 IST

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A mobile and video technology research and development firm called InterDigital, Inc. (Nasdaq: IDCC) stated that it has entered into a new patent licence arrangement with Alps Alpine Co., Ltd.
 
The agreement covers the assortment of products made by Alps Alpine under the HEVC standard essential patents owned by InterDigital.
 
“This new agreement demonstrates once again how our innovation is applied across a range of devices,” commented Eeva Hakoranta, Chief Licensing Officer, InterDigital. “Our long history of research in the video space means that we have a very strong portfolio of assets in HEVC and other leading codecs, and we’re delighted that we have been able to close this deal and open a new customer relationship with Alps Alpine.”
 
The foundational components of devices, networks, and services around the world are developed by InterDigital in the areas of mobile and video. We find solutions for more effective broadband networks, better video distribution, and richer multimedia experiences years before they are commercially available, resolving many of the most important and complicated technical challenges facing the industry. 
 
Many of the top IT businesses in the world are partners with InterDigital through strategic alliances and licencing agreements. InterDigital was established in 1972 and is traded on Nasdaq.
 
Our primary goal is to influence communication in the future. Many businesses provide improvements to a single product, but at InterDigital, we make improvements to every product in the markets we operate in, from the most basic to the most sophisticated, revolutionising entire sectors of the economy and enabling connected ecosystems that are essential to our everyday lives.
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