InterDigital

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InterDigital, Inc.
Type Public
Traded as NASDAQIDCC
S&P MidCap 400 index
Industry Wireless Patent monetization
Founded Philadelphia, Pennsylvania, USA (1972)
Headquarters Wilmington, Delaware USA
Key people Terry Clontz, Chairman & CEO
William J. Merritt, President & Director
Rich Brezski CFO
Products CDMA/WCDMA/LTE chipsets
Revenue Decrease US$325 million (2014)[1]
Net income Decrease US$182 million (2014)[2]
Employees Decrease 290 (2014) [3]
Website www.interdigital.com

InterDigital develops wireless technologies for mobile devices, networks, and services worldwide. InterDigital has licenses and strategic relationships with many of the world's leading wireless companies. Founded in 1972, InterDigital is listed on NASDAQ and is included in the S&P MidCap 400 index.

InterDigital has about 20,000 U.S. and foreign issued patents and patent applications. The company employs approximately 200 engineers, and conducts independent research and development in various areas of wireless, including spectrum usage, bandwidth management, video streaming and 5G. The company contributes technologies to various standards bodies, including the IEEE, ETSI and 3GPP.

The company is a founding member of the Innovation Alliance - a coalition of entrepreneurial companies that claims to seek to improve the quality of patents granted.

Corporate history[edit]

Key Dates:[4]

  • 1972: Company is incorporated as International Mobile Machines Corporation.
  • 1981: Company goes public.
  • 1992: Name is changed to InterDigital Communications Corp.
  • 1998: Alliance with Nokia is established.
  • 2003: Patent infringement suit is settled with Ericsson.
  • 2012: Moved corporate headquarters from King of Prussia, Pennsylvania to Wilmington, Delaware

Locations and other data[edit]

InterDigital offices are present in Wilmington Delaware, King of Prussia, Pennsylvania, Melville New York, San Diego California in USA, Montreal Quebec in Canada, and London, UK.

InterDigital's business is focused on licensing their patents that have been contributed to standards. This has, on occasion, put them in conflict with major equipment vendors. They also license technology: in 2007, their protocol stack was integrated into Infineon chips that were in Apple iPhones.

The company is sometimes accused of being a patent troll, an accusation Bill Merritt, CEO of InterDigital, disputes. He asserts that they work they do promotes innovation and is very helpful to the communications industry.[5]

Gil Amelio, former CEO of Apple Computer, is a member of InterDigital's Board of Directors.

See also[edit]

References[edit]

External links[edit]