DealsMay 19, 2026, 08:32 AM
InterDigital Signs New IoT Patent License Agreement
AI Summary
InterDigital, Inc. announced a new IoT patent license agreement with a fintech company specializing in payments. The agreement covers the licensee's point-of-sale devices, utilizing InterDigital's global patent portfolio related to cellular 3G and 4G, as well as Wi-Fi 5 and Wi-Fi 6 standards. This deal highlights InterDigital's growing presence and momentum in the IoT sector.
Key Highlights
- InterDigital signed a new IoT patent license agreement.
- The agreement is with a fintech company in the payments space.
- It covers the licensee's point-of-sale devices.
- The license includes InterDigital's global patent portfolio for cellular 3G and 4G standards.
- It also covers Wi-Fi 5 and Wi-Fi 6 standards.
- Chief Licensing Officer Julia Mattis noted momentum in the IoT space.
Price Impact
More from IDCC