InterDigital and Teltronic Sign Patent License to Cover 4G Technologies
Lawrence F. Shay, President of InterDigital's patent holding subsidiaries: "As a company with many years of telecommunications experience, we are pleased Teltronic has recognized the value of our 4G patent portfolio."
InterDigital, Inc. (Nasdaq:IDCC), today announced that its patent holding subsidiaries have entered into a worldwide, non-exclusive, royalty-bearing patent license agreement with Teltronic S.A. Unipersonal for 4G technologies, including LTE. Teltronic is a communications company that provides radio and mobile broadband solutions to the public safety and law enforcement, transportation, education and manufacturing segments.
"This Agreement will allow Teltronic to offer licensed 4G wireless solutions for the mission-critical radio communications equipment and systems it sells to its customers worldwide," said Lawrence F. Shay, President of InterDigital's patent holding subsidiaries. "As a company with many years of telecommunications experience, we are pleased Teltronic has recognized the value of our 4G patent portfolio."
Source: InterDigital
