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Stock Market & Financial Investment News

News Breaks
January 2, 2013
08:25 EDTIDCC, RIMMInterDigital and Research in Motion extend patent license and include 4G
InterDigital (IDCC)'s patent holding subsidiaries have entered into an agreement which extends the term of their worldwide, non-exclusive, royalty-bearing patent license agreement with Research In Motion (RIMM). In addition to extending the patent license agreement for a multi-year period consistent with InterDigital’s licensing program, the parties agreed to amend the patent license to add coverage for 4G products, including LTE and LTE-Advanced products.
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May 16, 2013
09:04 EDTIDCCInterDigital sees Q2 revenue $67.5M-$74M, consensus $42.84M
"Our revenue guidance for Q2 includes approximately $43.5M related to current patent royalties and approximately $24M-$30.5M related to past sales, nearly all of which relates to the approximately $30M that we received pursuant to the favorable arbitration decision involving Pegatron Corporation announced on April 25," said Richard J. Brezski, InterDigital's CFO.

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