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From: nicmar12/22/2011 2:34:49 PM
   of 5194
Patent firm sues German retailers for HTC phones
By Christoph Steitz and Tarmo Virki | Reuters

FRANKFURT (Reuters) - Patent firm IPCom has sued German retailers for patent infringement for continuing to sell phones made by HTC, the No. 4 smartphone vendor globally.

A court in Mannheim, Germany, ruled in February 2009 against HTC in a patent fight with IPCom, allowing an injunction against sales of HTC phones using UMTS technology and setting a penalty of up to 250,000 euros ($326,200) each time the injunction was contravened.

All HTC smartphones use UMTS technology.

In late November, a court in Karlsruhe, Germany, said the injunction against HTC smartphone sales in Germany could be enforced after HTC dropped an appeal.

IPCom said in a statement on Thursday that it sent 100 retailers cease and desist requests on December 6, asking them to stop selling HTC's 3G handsets by December 20.

"Since this deadline has passed without any of the retailers complying, IPCom has sued them for infringement of patent #100A themselves," IPCom said, adding so far it has sued around 30 retailers.

The legal battle could cost HTC millions of euros and hurt its relations with retailers in one of its key markets.

The company sells around 2 million smartphones a year in Germany, some 4-5 percent of the group's total, according to research firm IDC.

"This poses another challenge for HTC in managing confidence of key distribution partners -- a further reminder of the destabilization effect patent claims threaten to exert on the industry in 2012," said Geoff Blaber, analyst at research firm CCS Insight.

HTC was not immediately available to comment.

It has said the battle would have no impact on its business in Germany because the injunction covered only one HTC handset - which is no longer sold in Germany - and it has also modified its implementation of the UMTS standards.

The ruling does not mention any particular model.

Earlier this week HTC lost a patent case against Apple in the United States, the market generating half of its revenues, but HTC said that it could soon replace phones with the disputed technology with new models.

IPCom acquired Bosch's mobile telephony patent portfolio, created between the mid-1980s and 2000, which includes about 160 patent families worldwide, including some of the key patents in the wireless industry, such as patent 100, which standardizes a cellphone's first connection to a network.

Several of the top phone makers have signed a licensing deal with it, but HTC and Nokia have challenged IPCom's technology patents in courts across Europe.

IPCom said by continuing to use its patents without paying a fair compensation IPCom could in the future legally refuse HTC a license for its standard-essential patents.

($1 = 0.7664 euros)

(Reporting by Christoph Steitz and Tarmo Virki; Editing by David Cowell)

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From: nicmar12/23/2011 11:16:38 AM
   of 5194
Nice pop this morning. IDCC up $1.25 or 3%. Maybe a sale in the works soon. Wi-lan also looking good. mo.. nic

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From: nicmar12/23/2011 1:04:58 PM
   of 5194
BlackBerry 10 is a failure that won’t be able to compete, company source says

By: Jonathan S. Geller | Dec 22nd, 2011 at 09:45AM
Filed Under: Business, Exclusives

Bad products, horrible software and no cohesive vision have seemingly turned Research In Motion into a company without motion at this point. Throw in a huge delay before BlackBerry 10 smartphones start shipping, and it’s clear why people are losing, or have lost, faith in a company that played a tremendous role in making the smartphone industry what it is today. Thanks to one of our most trusted sources, BGR now has new information on what’s going on inside Research In Motion, and the picture it paints isn’t a pretty one.

Our source has communicated to us in no uncertain terms that the PlayBook 2.0 OS developers have been testing is a crystal clear window into the current state of BlackBerry 10 on smartphones. No email, no BlackBerry Messenger — it’s almost identical. “Email and PIM [is better] on an 8700 than it is on BlackBerry 10,” our contact said while talking to us about RIM’s failure to make the company’s new OS work with the network infrastructure RIM is known for.

We also have some more background on why RIM’s BlackBerry 10 smartphones are delayed, and it has nothing to do with a new LTE chipset that RIM is waiting on. In what is something of a serious allegation, our source told us that Mike Lazaridis was lying when he said the company’s new lineup was delayed for that reason. ”RIM is simply pushing this out as long as they can for one reason, they don’t have a working product yet,” we were told.

At the end of our conversation, our source communicated something shocking for a high-level RIM employee to say. He told us that RIM is betting its business on a platform and ecosystem that isn’t even as good as iPhone OS 1.0 or Android 2.0. “There’s no room for a fourth ecosystem,” he stated, “and DingleBerry also works on BlackBerry 10.”

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To: nicmar who wrote (5157)12/23/2011 1:06:49 PM
From: nicmar
   of 5194
RIM may be up for sale, per last few days rumors. Wonder if this will have any effect on a possible IDDD sale? .. mo. .. nic

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From: nicmar12/27/2011 1:20:07 PM
   of 5194
*************************Interdigital US patents by year*****************************
(compilation credit to data_rox )

2011 - 151 +19 (IPR Licensing)
2010 - 141
2009 - 161
2008 - 134
2007 - 137
2006 - 180

2011 US patents issued

PAT. NO. Title
1 8,086,228 Method for identifying a code group representative of a number of base stations
2 8,085,832 Segment-wise channel equalization based data estimation
3 8,085,733 Wireless communication method and apparatus for dynamically adapting packet transmission rates
4 8,085,729 High speed downlink shared control channel cell change
5 8,085,728 High speed downlink shared control channel cell change
6 8,085,726 High speed downlink shared channel cell change
7 8,085,664 Bi-directional and reverse directional resource reservation setup protocol
8 8,081,712 Method and apparatus for mapping of absolute power grant values in wireless communications
9 8,081,658 Method and signaling procedure for transmission opportunity usage in a wireless mesh network
10 8,081,595 Method and apparatus for scheduling transmissions via an enhanced dedicated channel
11 8,078,932 Method and apparatus for encoding channel quality indicator and precoding control information bits
12 8,077,758 Signal separation techniques to provide robust spread spectrum signal decoding
13 8,077,683 Method and system for performing peer-to-peer communication between stations within a basic service set
14 8,077,677 Method and apparatus for paging group handling
15 8,077,672 Method and apparatus for media independent handover capability discovery
16 8,074,143 Detection, avoidance and/or correction of problematic puncturing patterns in parity bit streams used when implementing turbo codes
17 8,074,140 User equipment using hybrid automatic repeat request
18 8,074,137 Method and system for supporting multiple hybrid automatic repeat request processes per transmission time interval
19 8,073,067 Method and apparatus for transferring signals in a wireless communication system
20 8,072,953 Wireless communication method and apparatus for performing home Node-B identification and access restriction
21 8,072,948 Wireless communication system and method of implementing an evolved system attachment procedure
22 8,072,936 Method and apparatus for supporting handover from LTE/EUTRAN to GPRS/GERAN
23 8,072,899 Method and apparatus for measuring and reporting a rank and a precoding matrix for multiple-input multiple-output communication
24 8,068,862 Wireless communication method and apparatus for establishing a multimedia message service over a WLAN
25 8,068,511 Method and apparatus for sending feedback for a downlink shared service and estimating a number of wireless transmit/receive units
26 8,068,507 Method and system for conveying backhaul link information for intelligent selection of a mesh access point
27 8,068,497 System and method for prioritization of retransmission of protocol data units to assist radio-link-control retransmission
28 8,064,400 Method and system for supporting an evolved UTRAN
29 8,064,386 Wireless communication method and apparatus for encoding and decoding beamforming vectors
30 8,059,610 Method and apparatus for implementing H-ARQ in a MIMO wireless communication system
31 8,054,916 Method for using a base station to selectively utilize B and D channels to support a plurality of communications
32 8,051,360 Method and apparatus for processing a downlink shared channel
33 8,045,987 Radio network controller peer-to-peer exchange of user equipment measurement information
34 8,045,520 Downlink power control for multiple downlink time slots in TDD communication systems
35 8,041,301 Distributed reservation protocol for enabling multi-band transmission in next generation ultra wide band technology
36 8,040,834 Wireless communication method and apparatus for reporting traffic volume measurement information to support enhanced uplink data transmissions
37 8,036,597 Method and apparatus for determining a level of involvement of mesh points in a wireless communication system
38 8,036,325 Wireless communication method and apparatus for performing knowledge-based and blind interference cancellation
39 8,036,181 Method and apparatus for reducing multi-user processing in wireless communication systems
40 8,036,180 Random access channel preamble
41 8,032,164 Method and apparatus for communicating short message service and supplementary services messages
42 8,031,741 Method and apparatus for facilitating inter-network handover
43 8,031,117 Blind signal separation using polarized antenna elements
44 8,028,217 Method and apparatus for encoding and decoding high speed shared control channel
45 8,027,674 Method and system for improved beacon acquisition performance with time slot and antenna sector reuse
46 8,027,312 Wireless communication methods and components that implement handoff in wireless local area networks
47 8,024,001 Method, system and components for facilitating wireless communication in a sectored service area
48 8,024,000 Method and apparatus for base station self-configuration
49 8,023,941 Method and apparatus for independent and efficient delivery of services to wireless devices capable of supporting multiple radio interfaces and network infrastructure
50 8,023,551 Hybrid orthogonal frequency division multiple access WTRU and method51 8,023,475 Synchronization for extending battery life
52 8,023,463 Enhanced uplink operation in soft handover
53 8,023,453 Methods and systems for providing reliable multicast service in a WLAN system
54 8,023,399 Channel estimation in a wireless communication system
55 8,019,036 Method and apparatus for correcting sampler clock frequency offset in OFDM MIMO systems
56 8,018,945 Method and apparatus for forwarding non-consecutive data blocks in enhanced uplink transmissions
57 8,018,894 Method and apparatus for implementing a blind seamless channel change
58 8,015,471 Symbol rate hardware accelerator
59 8,015,408 Trust evaluation for a mobile software agent on a trusted computing platform
60 8,014,818 Methods and systems for providing efficient operation of multiple modes in a WLAN system
61 8,014,367 System for application server autonomous access across different types of access technology networks
62 8,014,361 Random access channel for OFDM-MIMO system
63 8,014,359 Method and apparatus for assigning radio resources and controlling transmission parameters on a random access channel
64 8,014,343 Method for enhanced dedicated channel (E-DCH) transmission overlap detection for compressed mode gap slots
65 8,010,053 Reliability detection of channel quality indicator (CQI) and application to outer loop power control
66 8,009,636 Method and apparatus for performing an access procedure
67 8,005,129 Acquisition circuit for low chip rate option for mobile telecommunication system
68 8,005,055 Method and apparatus for determining and managing congestion in a wireless communications system
69 8,005,027 Method and apparatus for multicasting with feedback information
70 8,000,734 Method and system wherein timeslots allocated for common control channels may be reused for user traffic
71 8,000,291 Wireless communication method of selecting an enhanced uplink transport format combination by setting a scheduling grant payload to the highest payload that can be transmitted
72 7,991,160 Method and system for securing wireless communications
73 7,987,369 Using watermarking to reduce communication overhead
74 7,986,955 Low layer paging indicator processing system and method for multi-layer communication equipment used in a wireless communication system
75 7,986,950 Wideband code division multiple access user equipment for receiving multimedia broadcast/multicast service
76 7,983,716 Centralized radio network controller
77 7,979,768 Method and system for implementing hybrid automatic repeat request
78 7,978,752 Method and apparatus for switching operating modes of a receiver
79 7,978,658 Reference transport channel on/off status detection and reselection
80 7,978,642 System and method for determining air interface information for radio resource management in wireless communications
81 7,978,592 Method and apparatus for signaling in multiple user one-slot operation in wireless communication
82 7,974,365 Method and apparatus for computing SIR of time varying signals in a wireless communication system
83 7,974,294 System for context transfer for wireless internet devices
84 7,970,127 User equipment identification specific scrambling
85 7,962,170 Multi-mode radio with interference cancellation circuit
86 7,961,822 Setting a transmission power level for a mobile unit
87 7,961,773 Weighted open loop power control transmitter
88 7,961,657 Method and apparatus for transmitting and receiving a packet via high speed downlink packet access
89 7,957,277 Wireless communication method and system for routing packets via intra-mesh and extra-mesh routes
90 7,953,139 Interference cancellation in a spread spectrum communication system
91 7,952,524 Method and system for positioning mobile units based on angle measurements
92 7,949,342 Radio resource management in wireless local area networks
93 7,949,299 Method and system for organizing the cells of a wireless communication system and allocating resources to provide multimedia broadcast services
94 7,949,037 Base station for carrier offset recovery
95 7,948,375 Method and apparatus for detecting portable electronic device functionality
96 7,944,985 MIMO transmitter and receiver for supporting downlink communication of single channel codewords
97 7,944,934 Efficient memory allocation in a wireless transmit/receiver unit
98 7,944,890 Using windows specified object identifiers (OIDs) for an antenna steering algorithm
99 7,944,884 Voice and data communication services using orthogonal sub-channels
100 7,941,626 Method and apparatus for controlling discontinuous transmission and reception101 7,941,151 Method and system for providing channel assignment information used to support uplink and downlink channels
102 7,936,807 Method and apparatus for reducing the processing rate of a chip-level equalization receiver
103 7,933,245 Media independent handover for mobility
104 7,933,233 Method and apparatus for providing service availability information in a wireless communication system
105 7,929,498 Adaptive forward power control and adaptive reverse power control for spread-spectrum communications
106 7,929,410 Protocol engine for processing data in a wireless transmit/receive unit
107 7,929,409 Orthogonal frequency division multiplexing (OFDM) method and apparatus for protecting and authenticating wirelessly transmitted digital information
108 7,925,263 Handover in a wireless local area network (WLAN)
109 7,924,961 Base station synchronization
110 7,924,785 Method and system for switching a radio access technology between wireless communication systems with a multi-mode wireless transmit/receive unit
111 7,920,533 Method and apparatus for calibration and channel state feedback to support transmit beamforming in a MIMO system
112 7,917,092 Beam selection apparatus and method in voice over internet protocol over switched beam wireless local area network
113 7,916,751 Method and apparatus for efficient operation of an enhanced dedicated channel
114 7,912,505 Method for operating a base station by prelimiting an output signal station
115 7,912,490 Method for channel quality prediction for wireless communication systems
116 7,912,120 Method and apparatus for estimating and correcting baseband frequency error in a receiver
117 7,912,093 Method and apparatus for providing piggybacked positive acknowledgement/negative acknowledgement field indicator and a polling indicator
118 7,908,545 Pipeline architecture for maximum a posteriori (MAP) decoders
119 7,904,723 Method and apparatus for enhancing security of wireless communications
120 7,904,113 Method and apparatus for detecting and selectively utilizing peripheral devices
121 7,904,107 Method and apparatus for providing biasing criteria for binary decisions for use in wireless communications to enhance protection
122 7,904,026 Dynamic channel quality measurement procedure implemented in a wireless digital communication system to prioritize the forwarding of downlink data
123 7,903,620 Method and system for delivery of assistance data
124 7,903,616 System and method for fast dynamic link adaptation
125 7,903,614 Method and apparatus for selecting link adaptation parameters for CDMA-based wireless communication systems
126 7,903,613 Code division multiple access (CDMA) communication system
127 7,899,477 Reporting terminal capabilities for supporting short message service
128 7,899,462 Method and system for efficient addressing and power savings in wireless systems
129 7,899,016 Physical layer processing for a wireless communication system using code division multiple access
130 7,898,948 Method and apparatus for sending a channel quality indication via a shared channel
131 7,895,494 Method and system for implementing H-ARQ-assisted ARQ operation
132 7,894,400 Handover between an IEEE 802.16 WiBro network and a UMTS network using media independent handover function
133 7,893,872 Method and apparatus for performing blind signal separation in an OFDM MIMO system
134 7,889,664 User equipment for detecting short codes
135 7,885,245 Method and apparatus for enhanced uplink multiplexing
136 7,881,266 Wireless communication system with selectively sized data transport blocks
137 7,881,265 Power loading transmit beamforming in MIMO-OFDM wireless communication systems
138 7,881,264 Apparatus and methods for determination of gain factors for wireless communication transmission power
139 7,881,247 Method and apparatus for providing efficient precoding feedback in a MIMO wireless communication system
140 7,877,494 Method, components and system for tracking and controlling end user privacy
141 7,876,806 Orthogonal frequency division multiplexing-code division multiple access system
142 7,873,328 Subscriber unit for performing an access procedure
143 7,869,536 Method and apparatus for scaling a signal for improving performance of a receiver in a MIMO system
144 7,869,527 Transceiver with hybrid adaptive self-interference canceller for removing transmitter generated noise to prevent modem jamming
145 7,869,413 Apparatus and methods for central control of mesh networks
146 7,869,399 Method and apparatus for controlling the distribution of multimedia broadcast services
147 7,869,378 Method and apparatus for sharing slot allocation schedule information amongst nodes of a wireless mesh network
148 7,865,190 Signaling connection admission control in a wireless network
149 7,865,158 Method and apparatus for automatically correcting receiver oscillator frequency
150 7,864,798 Method and apparatus for supporting voice over IP services over a cellular wireless communication network
151 7,864,659 Quality control scheme for multiple-input multiple-output (MIMO) orthogonal frequency division multiplexing (OFDM) systems

2010 last
1 7,860,526 Outer loop power control for wireless communications

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From: nicmar12/27/2011 1:24:51 PM
   of 5194
Google steps up patent defenses

Google continues to be embroiled in patent litigation. Oracle has sued Google, while Microsoft and Apple have either sued or threatened to sue companies that make devices that run Google's Android and Chrome operating systems. Google has largely struggled to combat the challenges, leading the company's chief legal officer, David Drummond, to blog about "a hostile, organized campaign against Android by Microsoft, Oracle, Apple and other companies, waged through bogus patents."

Whether Android infringes on patents will ultimately be decided by the courts. But the biggest challenge for Google is that it's put itself in the vulnerable position of having a relatively tiny patent portfolio with which to defend itself. That's because, in intellectually property litigation, a company with a patent threatens to sue, or actually sues, another company that it believes has infringed on its innovation. The common defense is for the accused company to find one of its own patents that the accusing company has infringed upon and threaten a countersuit. That gives it the ammunition to propose cross-licensing deals that keep both companies out of court.

Google's thin patent portfolio has made it a bigger target. That's one key reason, Google Chief Executive Larry Page said, why the Web giant is purchasing Motorola Mobility. Sure, the company is a key Android customer. But it's also a huge holder of mobile-device patents, something that should help Google protect itself against future litigation. Google will likely continue to acquire patents in the new year to bolster its defenses.

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From: nicmar12/27/2011 1:37:34 PM
   of 5194
Will This Company Hit Another Home Run in 2012?

(My comments regarding this article.. ***** Note the Interdigital mention in last paragraph*****)

By Anders Bylund
December 27, 2011

Wireless security researcher VirnetX (AMEX: VHC ) is perhaps the most polarizing stock on the market. Some investors love it for the promise of owning patents in the LTE 4G security space. Others wonder if the patents are as important as VirnetX wants them to be. From the latter point of view, the stock looks tremendously expensive.

Where will the company go in 2012? Let's figure it out together.

The promise
It's easy to see the attraction here. VirnetX is an offshoot of defense contractor SAIC (NYSE: SAI ) . Like Athena of Greek myth, it sprang into existence fully armed with a cache of security-related patents acquired from SAIC.

The company burst onto the computing scene with a big patent infringement win against Microsoft (Nasdaq: MSFT ) . Mr. Softy lost a jury trial and was ordered to pay $106 million in damages, but decided to fight on, and eventually settled the case for $200 million.

Of the settlement, 35% belongs to SAIC, according to the original license agreement. It was a very expensive campaign to wage, costing more than $40 million in legal fees. But everything worked out: the legal battle paid off, and VirnetX investors enjoyed a $23.6 million special dividend the next quarter. That's $0.50 per share for a meaty 8.4% payout.

If VirnetX can pull off that trick again, or else start licensing 4G security patents to every player in the mobile industry, investors will be very, very happy. And VirnetX is trying hard. There's one lawsuit involving six patents against networking giant Cisco Systems (Nasdaq: CSCO ) and iStuff maker Apple (Nasdaq: AAPL ) . VirnetX has also declared several of its patents "essential" to various 4G mobile standards.

Where's the payoff?
So many irons in the fire and so much promise, and yet 24% of the float is sold short. Shares are trading some 36% below 52-week highs. Why aren't we all backing up the truck to these seemingly outsized returns?

Because there ain't no such thing as a free lunch, my friend. In order to cash in those chips, VirnetX must prove that its technology is indeed both innovative and important. And that might not be the slam-dunk that the Microsoft case implied.

For one, those "essential technology" claims are VirnetX's own. The relevant standards bodies have not, to the best of my knowledge, acknowledged or approved of any of them. That's like your Uncle Dennis declaring that his air guitar skills are essential to saving the economy. Might be true, but you just don't know. The technologies could be perfectly valid solutions to 4G security challenges, but network and phone builders might be able to design around them with totally different technologies.

As for the Microsoft case, it seems obvious that Redmond could have settled for much less -- or perhaps won outright with the right strategy. For one, paying nearly double the original damage award doesn't speak highly of Mr. Softy's performance in this case. For another, one of the patents (the '759 patent) from that proceeding has since been invalidated by a challenge from Cisco. Microsoft paid for that now-worthless patent.

Cisco has since lost another challenge of VirnetX patents. Maybe VirnetX has a legal leg to stand on after all. But it's hardly the bulked-up hunk of meat it looked like in 2010.

So in 2012, I not-so-bravely predict that VirnetX will win some battles and lose a few others -- the fickle fates of justice swing both ways. But there will also be an explosion of competing solutions developed by hardware and software giants with plenty of skin in the mobile game.

In the end, VirnetX goes home with a much smaller paycheck than earlier victories have indicated, and investors are left holding an empty bag. The current $1.35 billion market cap is just not appropriate for a development-stage company with minuscule proven sales and a highly uncertain future.

If you want to invest in technology licensing firms, why not go with a proven performer instead? OLED veteran Universal Display (Nasdaq: PANL ) has several real-world contracts and is already profitable. Jack of all technologies InterDigital (Nasdaq: IDCC ) is also profitable and cash-rich, with cheap shares to boot. And that's not all -- check out three more winning ideas in the smartphone wars of 2012.

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From: slacker7111/23/2012 4:09:30 PM
   of 5194
InterDigital Said to Call Off Patent SaleBY MICHAEL J. DE LA MERCED

Shares in InterDigital have fallen nearly 39 percent over the past six months.
InterDigital plans to announce Monday that it has called off a sales process for its patent portfolio, months after the wireless technology company put its holdings up for auction, people briefed on the matter told DealBook.

The decision by InterDigital followed months of talks with several prospective buyers, following a surge of interest by tech companies in buying up patents. But InterDigital was unable to fetch an offer for the entire portfolio of 20,000 patents, one of these people said.

That portfolio included patents that covered wireless data technology used in smartphones, including the iPhone and various Android devices. InterDigital had sought at least $3 billion for the collection, this person said. They have generated more than $3 billion in revenue through last year.

Article Tools E-mail PrintRecommendShareTUMBLRDIGGLINKEDINREDDITPERMALINKTwitter

The market had held talks with potential buyers, which have included the likes of Intel and Samsung, as recently as this past weekend, this person said. But the bids from suitors, some of whom had teamed up, came in below expectations.

InterDigital and its advisers ultimately decided that the company was better served by ending the auction and focusing on selling off pieces of the portfolio, this person said. Any such deals are still weeks away from completion, however, and those transactions are likely to fetch only low hundreds of millions of dollars at most.

At the same time, the company will seek to strike cross-licensing arrangements for those patents, this person added. That process had also been held up by the sales process, as potential partners awaited the fate of those patents.

As InterDigital collects proceeds from patent sales or licensing agreements, the company may turn around and buy additional patents for newer wireless technologies, this person said.

InterDigital said last summer that it had hired Evercore Partners and BarclaysCapital to run a sale of the patents, hoping to seize upon growing interest in intellectual property. Last July, the bankrupt Nortel Networks sold more than 6,000 patents to a group led by Apple Inc. and Microsoft for $4.5 billion in cash. And in August, Google agreed to buy Motorola Mobility for $12.5 billion, in large part for the phone maker’s horde of patents.

The Motorola deal was in some ways bad news for InterDigital, however. It removed Google as a potential bidder, limiting the impetus for other players to bid up for the InterDigital patents, this person said. And unlike Nortel, whose asset sale had a specific timetable imposed by the bankruptcy process, InterDigital could not wield the cudgel of a hard deadline against potential buyers.

Shares in InterDigital were down 2.9 percent in late afternoon trading on Monday, at $44.63. They have fallen nearly 39 percent over the past six months, as investors grew pessimistic about the chances of a patent sale. As of Monday afternoon, the company had a market value of about $2 billion.

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From: hdl1/23/2012 4:11:25 PM
   of 5194
down a tad

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To: slacker711 who wrote (5162)1/23/2012 4:15:09 PM
From: slacker711
   of 5194
InterDigital Concludes Strategic Alternatives Review Process
Date : 01/23/2012 @ 4:10PM

InterDigital, Inc. (NASDAQ: IDCC) today announced that its Board of Directors has concluded its review of strategic alternatives for the company. Following a comprehensive process, the Board determined that it was in the best interests of the company and its shareholders to execute on the company’s business plan and to expand the plan to include patent sales and licensing partnerships.

“We entered into the review of strategic alternatives from a position of strength, in terms of both our patent portfolio and our balance sheet,” commented Terry Clontz, Chairman of InterDigital’s Board of Directors. “The process over the past six months, although not resulting in an offer for the whole of the company, has helped to reaffirm our belief in the breadth and depth of the patent portfolio, the strength of the R&D team, and our technology vision for the future. The Board believes the company and its shareholders are best served by our continued focus on the development of wireless technologies, and the monetization of those assets through vigorous and comprehensive patent licensing and sales efforts.”

Over the past three decades, InterDigital’s R&D team has developed fundamental wireless technologies that have shaped the cellular industry and has built a portfolio of over 19,500 patents and patent applications as of December 31, 2011 — one of the largest portfolios of cellular-related patents in the wireless industry. Moreover, InterDigital’s inventions are used in every cellular device that ships today. As of December 31, 2011, the company has disclosed to the European Telecommunications Standards Institute approximately 50 percent of its worldwide patents and patent applications based on the company’s belief, at the time of disclosure, that these patents are or may be or may become essential to wireless communications standards.

Furthermore, InterDigital’s substantial portfolio of patented inventions continues to grow. During 2011, the company filed approximately 140 new patent applications with the U.S. patent office, covering its inventions related to the next generation of advanced wireless networks. The company was also granted approximately 170 new U.S. patents and approximately 1,000 non-U.S. patents in 2011, positioning it as one of the leading inventors in wireless technology.

Based on its strength in innovation, the company has received nearly $3 billion in royalties from 2G and 3G licenses through December 31, 2011. Furthermore, industry analysts estimate that only one-third of the total expected 3G devices have been shipped to date. The company believes that the accelerating shipments of LTE devices, combined with InterDigital’s position as one of the leading LTE patent holders, sets the stage for the company’s licensing program for LTE to be the strongest in its history.

InterDigital’s President and Chief Executive Officer, William J. Merritt, added, “I strongly believe that we can substantially enhance the value of the enterprise through our continued successful execution of our 3G licensing program and the addition of royalties from our very strong LTE portfolio. Moreover, we have identified potential opportunities to further enhance value through targeted sales and/or partnering arrangements involving portions of our large and growing patent portfolio. For example, we have a strong and largely unlicensed mobile infrastructure patent portfolio that we believe could generate significant third party interest in terms of a sale or licensing partnership. Similarly, we believe we have a substantial number of 3G and LTE terminal unit patents that are not necessary to drive our core terminal unit licensing business but could be of significant interest to third parties, again in terms of sales or licensing partnerships. In light of the outlook for market growth in 3G and 4G handsets, our deep and growing patent portfolio, our world class licensing team, and our leading team of engineers, the company’s long-term compensation will be tied to our business generating sustainable annual revenue of at least $800 million in three to five years, which, if realized, is also expected to drive substantial growth in free cash flow.”

Investor Conference Call

InterDigital® will host a conference call on Monday, January 23, 2012 at 5:30 p.m. Eastern Time to discuss its business strategy and other company matters. For a live Internet webcast of the conference call visit and click on the link to the Live Webcast on the homepage. The company encourages participants to take advantage of the Internet option.

For telephone access to the conference call, please dial (888) 221-9584 within the U.S. or (913) 312-0710 from outside the U.S. by 5:20 p.m. ET on January 23 and ask the operator for the InterDigital Investor Call.

An Internet replay of the conference call will be available on InterDigital’s web site in the Investor Relations section. In addition, a telephone replay will be available from 9:00 p.m. ET February 23 through 9:00 p.m. ET January 28. To access the recorded replay, call (888) 203-1112 or (719) 457-0820 and use the replay code 5524900.

About InterDigital

InterDigital develops fundamental wireless technologies that are at the core of mobile devices, networks, and services worldwide. We solve many of the industry's most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world's leading wireless companies.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include information regarding the company’s current beliefs, plans and expectations, including, without limitation (i) the Board’s belief that the company and its shareholders are best served by the company’s continued focus on the development of wireless technologies, and the monetization of those assets through vigorous and comprehensive patent licensing and sales efforts; (ii) industry analyst estimations that only one-third of the total expected 3G devices have been shipped to date; (iii) the company’s belief that accelerating shipments of LTE devices, combined with InterDigital’s position as one of the leading LTE patent holders, sets the stage for the company’s licensing program for LTE to be the strongest in its history; (iv) the company’s belief that it can substantially enhance the value of the enterprise through the continued successful execution of its 3G licensing program and the addition of royalties from its very strong LTE portfolio; (v) the company’s belief that its strong and largely unlicensed mobile infrastructure patent portfolio could generate significant third party interest in terms of a sale or licensing partnership; (vi) the company’s belief that it has a substantial number of 3G and LTE terminal unit patents that are not necessary to drive its core terminal unit licensing business and could be of significant interest to third parties; and (vii) the plan to tie the company’s long-term compensation to its business generating sustainable annual revenue of at least $800 million in three to five years, and the expectation that if such revenue is realized it will drive substantial growth in free cash flow. Words such as “intends,” “expects,” “projects,” “believes,” “plans,” “may,” or similar expressions are intended to identify such forward-looking statements.

Forward-looking statements are subject to risks and uncertainties. Actual outcomes could differ materially from those expressed in or anticipated by such forward-looking statements due to a variety of factors, including, but not limited to (i) the market relevance of our technologies; (ii) changes in the needs, availability, pricing and features of competitive technologies as well as those of strategic partners or consumers; (iii) unanticipated technical or resource difficulties or delays related to further development of our technologies; (iv) our ability to leverage or enter into new customer agreements, strategic relationships or complementary investment opportunities on acceptable terms; (v) our ability to enter into additional patent license agreements on expected terms, if at all; (vi) our ability to enter into sales and/or licensing partnering arrangements for non-core portions of our patent assets; (vii) whether we have sufficient financial assets and/or cash flows; (viii) unfavorable outcomes in patent disputes and the expense of defending our intellectual property rights; (ix) changes in the market share and sales performance of our primary licensees, and any delay in receipt of quarterly royalty reports or payments from our licensees; (x) our continued ability to attract and retain talented licensing professionals and engineers; (xi) changes in accounting rules related to revenue recognition; and (xii) changes or inaccuracies in market projections. The company undertakes no duty to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise, except as may be required by applicable law, regulation or other competent legal authority.

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