Technicolor sells Patent Licensing business to InterDigital

Technicolor has confirmed that InterDigital will acquire its Patent Licensing business.

Frederic Rose, Technicolor’s CEO stated: “This agreement will allow us to fully focus on our core operating businesses and includes a collaborative research program built up on the strength of our research and innovation teams. In InterDigital, a worldwide leader in Patent Licensing, we have found the right partner for our Patent Licensing business. Going forward, we will benefit from the demonstrated strength of InterDigital’s focused, R&D-backed licensing business to collect future revenue streams. Furthermore, I’m confident that joining InterDigital is a great opportunity for our Patent Licensing employees who will be able to continue to develop their unrivalled expertise.”

DTG Staff  |  09.03.2018

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