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To: slacker711 who wrote (5165)1/23/2012 4:31:34 PM
From: slacker711
   of 5181
 
InterDigital Announces Preliminary and Unaudited Fourth Quarter 2011 Financial Results

Press Release: InterDigital, Inc. – 4 minutes 48 seconds ago


IDCC 44.45 -1.52

KING OF PRUSSIA, Pa.--(BUSINESS WIRE)-- InterDigital, Inc. (NASDAQ: IDCC - News) today announced preliminary and unaudited results for the fourth quarter ended December 31, 2011.
Revenue in fourth quarter 2011 is expected to be $74.2 million. Expected revenue consists of current royalties of $71.8 million, no past sales and $2.4 million from technology solutions.
Fourth quarter 2011 operating expenses are expected to be $41.5 million, including $10.5 million of intellectual property enforcement and non-patent litigation costs and a $4.6 million adjustment to reduce long-term compensation accrued prior to the period. This adjustment relates to a fourth quarter reduction in the accrual rates for two of our performance cycles from 100 percent to 50 percent resulting from the impact of our strategic alternatives review process on the timing of license agreements.
The Company expects to report other expense in fourth quarter 2011 of $2.7 million and a $9.1 million tax provision representing a 30 percent effective rate. The expected tax provision includes a benefit of $1.5 million related to after tax interest income associated with a tax refund.
Net income is expected to be $21.0 million, or $0.46 per diluted share. The Company expects to report approximately $678 million of cash and short-term investments as of December 31, 2011.
The financial results set forth above are preliminary, unaudited and subject to completion. As a result, these preliminary results may differ from the results that will be reported in the Company’s audited consolidated financial statements as of and for the year ended December 31, 2011.

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From: Sr K4/27/2012 1:44:09 PM
   of 5181
 
This was a screaming short at 78 as they tried to piggyback on the Nortel auction. Now it's interesting again, after hitting a 52-week low, down ~3%.

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To: Sr K who wrote (5167)4/27/2012 2:19:25 PM
From: slacker711
   of 5181
 


The stock has become interesting to me as well. It seems that it is discounting litigation losses almost across the board. I find it hard to believe that the stock will be sitting at 27 when the USITC trial gets a verdict next February.

Sympathy to all of the longs though. Management has really done a spectacularly poor job of monetizing the company's IP.

Slacker

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To: slacker711 who wrote (5168)5/4/2012 1:41:04 PM
From: hdl
   of 5181
 
up on buyback?

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To: slacker711 who wrote (5168)6/18/2012 12:09:13 PM
From: slacker711
3 Recommendations   of 5181
 

InterDigital Agrees to $375 Million Patent Transaction with Intel
Global Technology Leader to Acquire Approximately 1,700 Patents and Applications Related to 3G, LTE, 802.11 from InterDigital

Press Release: InterDigital, Inc. and Intel Corporation – 23 minutes ago

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InterDigital, Inc.Intel Corporation
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IDCC 22.89 0.01

KING OF PRUSSIA, Pa. & SANTA CLARA, Calif.--(BUSINESS WIRE)--
InterDigital, Inc. (IDCC) and Intel Corporation (INTC) today announced that certain of InterDigital’s subsidiaries have signed a definitive agreement to sell to Intel roughly 1,700 patents and patent applications for $375 million in cash.
The agreement involves patents primarily related to 3G, LTE and 802.11 technologies. InterDigital is an active developer of advanced wireless technologies including WCDMA (Wideband CDMA), HSDPA (High Speed Download Packet Access) and HSUPA (High Speed Upload Packet Access) 3G technologies as well as LTE (Long Term Evolution) and LTE-Advanced 4G technologies.
“The acquisition of this portfolio of InterDigital’s technologies by a global technology leader like Intel affirms the efforts of our research and development team which actively shares our innovations with the worldwide standards bodies, defining technologies that are central to the world's major wireless systems and devices,” said Scott McQuilkin, Senior Executive Vice President, Strategy and Finance at InterDigital. “This transaction, which involves a small portion of our overall patent portfolio, marks an important milestone of InterDigital’s stated strategy of expanding the monetization of its large and growing intellectual property portfolio. By executing on our business plan, which has been broadened to include patent sales, licensing partnerships and other possibilities, we see tremendous potential to expand revenue and build shareholder value.”
“These patents will support Intel’s strategic investments in the mobile segment,” said Doug Melamed, Intel Senior Vice President and General Counsel. “The addition of these patents expands our already large, strong and diverse portfolio of intellectual property.”
The companies expect the transaction to be completed in third quarter 2012, subject to customary closing conditions and any required regulatory approvals.

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From: Sr K6/18/2012 2:50:07 PM
1 Recommendation   of 5181
 
InterDigital Doubles Stock Repurchase Program to $200 MillionPatent Sale Marks Milestone in Broader Patent Monetization Strategy


finance.yahoo.com 

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From: Sr K8/1/2012 6:17:48 PM
   of 5181
 
InterDigital Prevails in Appeal of Adverse U.S. International Trade Commission Decision in Dispute with Nokia
U.S. Court of Appeals Remands Action for Further Proceedings Before the Commission

Press Release: InterDigital, Inc. – 2 hours 31 minutes ago


finance.yahoo.com 

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From: Sr K9/26/2012 5:11:41 PM
   of 5181
 
Shares of InterDigital Inc. climbed 8%. Late Tuesday, S&P Dow Jones Indices said the company, which develops technology for advanced digital wireless telecommunications applications, will replace Quest Software Inc. in the S&P MidCap 400 after the close of trading on Friday.

Close 35.34 up 7.12%

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To: Sr K who wrote (5173)1/10/2013 12:48:26 PM
From: DELT1970
1 Recommendation   of 5181
 
IDCC just scored a legal victory over Nokia.
investorvillage.com 

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From: Paul Lee2/20/2013 6:43:36 AM
   of 5181
 


InterDigital, Mindspeed and Radisys Collaborate to Deliver Integrated Small Cell with Wi-Fi Solution Integrated System Can Cut Carrier TCO in Half Compared to Traditional Architecture






InterDigital( IDCC), Mindspeed Technologies, Inc. ( MSPD), and Radisys® ( RSYS) announced today that they will be demonstrating an integrated Wi-Fi and LTE small cell solution at Mobile World Congress in Barcelona later this month. The solution combines InterDigital’s Converged Gateway, a licensed and unlicensed bandwidth management software with carrier-proven Radisys TOTALeNodeB™ complete small cell software, all running on Mindspeed®’s Transcede® dual-mode processor. The Transcede system-on-chip (SoC) is a dual-mode device with designated headroom available for value-added software, which fully supports both 3G/HSPA, 4G/LTE and Wi-Fi applications from Radisys. This enables OEMs to efficiently develop small cell solutions that combine HSPA, LTE and Wi-Fi in one access point.

Network operators are increasingly embracing cellular and Wi-Fi as complementary technologies in delivering the ever-growing volume of data through offloading cellular users onto Wi-Fi. As such, many operators are deploying carrier Wi-Fi in significant volume today. But critically, for urban deployments with metrocells, the total cost of ownership (TCO) is driven by the number of nodes, as each requires power, backhaul, installation and site acquisition. Having separate carrier Wi-Fi installations and small cell installations to serve the same area doubles TCO compared to an integrated unit that shares power, backhaul and installation.

InterDigital’s Converged Gateway software delivers a novel offloading and traffic management solution by intelligently managing application data flows across multiple physical transports or networks, and simultaneously enhances the overall user experience. This enables synergies between cellular and Wi-Fi by using advanced operator-controlled policies to combine, split or hand over data streams based on contextual parameters, such as channel conditions, content, user preferences, subscription plans, etc. This is fully compatible with both 3GPP and 802.11 standards, and embodies the Small Cell Forum ISW (Integrated Small Cell Wi-Fi) reference architecture.

“InterDigital’s innovation and technology leadership in the wireless industry is contributing bandwidth management solutions for the HetNet, and helping solve the bandwidth crunch for carriers while ensuring QoE for users,” said Allen A. Proithis, Executive Vice President of InterDigital Solutions. “We are pleased to partner with Radisys, an industry leader in the small cell protocol stack and platform software, and Mindspeed, a leader in SoC, in delivering a reliable industry solution that can address TCO issues for carriers in such a compelling way.”

“Small cells represent one of the most exciting segments in wireless today, and we are proud of our market-leading position,” said Dr. Naser Adas, Sr. Vice President and General Manager of the wireless infrastructure business unit at Mindspeed. “We are the only small cell SoC company commercially shipping both 3G and LTE. Through this initiative with InterDigital and Radisys, our dual-mode SoC enables a complete, triple mode ISW access point, delivering the benefits of Small Cells and Wi-Fi in one system.”

“Radisys is pleased to be part of the next leap of HetNet innovation,” said Todd Mersch, senior director product line management, Software and Solutions, Radisys. “Efficient and cost effective deployment of multi-mode technologies is key for operators for both capex and opex expenses. Radisys’ field deployed 3G and LTE multi-mode small cell software solution turns the HetNet concept into the deployment reality for operators. In 2013, as multi-mode deployments proliferate, operators will need policy driven control on their access assets and we are pleased to be at the forefront of solving the HetNet deployment challenge.”

The ISW software from InterDigital controls both Wi-Fi chipset and the Mindspeed Transcede platform, integrating 802.11 b/g/n/ac Wi-Fi with LTE and HSPA. It will work with all of Mindspeed’s small cell SoC products, scaling from cost-effective residential systems to high-performance “metro cells” for public access and dense urban deployment.

Recently, the Small Cell Forum and Wireless Broadband Alliance (WBA) announced that they will work together to intelligently integrate small cells and Wi-Fi to improve quality of service, lower costs and simplify deployment. The Forum is developing a reference architecture for ISW, building on the work in other standards bodies to help operators define and deploy such integrated products.

By 2017, nearly 21 exabytes of mobile data traffic will be offloaded each month to fixed networks by means of Wi-Fi devices and femtocells according to predictions in the Cisco Visual Networking Index: Global Mobile Data Traffic Forecast Update, 2012–2017.

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. Founded in 1972, InterDigital is listed on NASDAQ and is included in the S&P MidCap 400® index.

InterDigital is a registered trademark of InterDigital, Inc.

For more information, visit: www.interdigital.com.

About Mindspeed Technologies

Mindspeed Technologies ( MSPD) is a leading provider of network infrastructure semiconductor solutions to the communications industry. The company's low-power system-on-chip (SoC) products are helping to drive video, voice and data applications in worldwide fiber-optic networks and enable advanced processing for 3G and long-term evolution (LTE) mobile networks. The company's high-performance analog products are used in a variety of optical, enterprise, industrial and video transport systems. Mindspeed's products are sold to original equipment manufacturers (OEMs) around the globe.

To learn more, please visit www.mindspeed.com. Company news and updates are also posted at www.twitter.com/mindspeed.

About Radisys

Radisys ( RSYS) is a market leader enabling wireless infrastructure solutions for telecom, aerospace and defense applications. Radisys' market-leading ATCA, MRF (Media Resource Function) and COM Express platforms coupled with world-renowned Trillium software, services and market expertise enable customers to bring high-value products and services to market faster with lower investment and risk. Radisys solutions are used in a wide variety of 3G & 4G / LTE mobile network applications including: Radio Access Networks (RAN) solutions, wireless core network applications, Deep Packet Inspection (DPI) and policy management; conferencing and media services including voice, video and data, as well as customized mobile network applications that support the aerospace and defense markets.

Radisys® and Trillium®are registered trademarks of Radisys. All other trademarks are the property of their respective owners.

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