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Interdigital sells wireless patents to intel for 375m - buy semi prep hplc manufacturer by grass lawn
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Interdigital sells wireless patents to intel for 375m - buy semi prep hplc manufacturer by GRASS LAWN
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Article Posted: 07/08/2015 |
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Interdigital sells wireless patents to intel for 375m - buy semi prep hplc manufacturer |
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Business,Business News,Business Opportunities
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InterDigital said on Monday it will sell a piece of its wireless patents to Intel for $375 million in cash. It follows a recent expansion by Intel to expand its chip business beyond traditional PCs into tablet devices and smartphones. The 1,700 patents in total relate to 3G, long-term evolution (LTE) networking, and 802.11 technologies, the company said. It added that the deal only represented “a small portion” of its overall patent portfolio. InterDigital’s shares were suspended for a few moments at 12:10 p.m. ETahead of the news that the company would increase its stock buyback program to $200 million. Shares in InterDigital rose by more than 29 percent during the same hour. It should come as relief to InterDigital, who said in January that it would continue looking for buyers for its patent portfolio after it previously tried and failed. InterDigital said in July 2011 it was looking at a possible sale of the company or its patent portfolios to seek a boost to its value, reports Reuters. The deal is expected to close in the third-quarter, subject to regulatory approval. Image credit: Google Finance. Related: Huawei asks EU to intervene in InterDigital patent dispute Samsung eyes InterDigital patent portfolio for mobile technology Samsung acquires Grandis in bid for memory tech Apple named as world’s top smartphone vendor Samsung sees strong smartphone, tablet demand ahead.Interdigital sells wireless patents to intel for 375m - buy semi prep hplc manufacturerInterdigital sells wireless patents to intel for 375m - buy semi prep hplc manufacturerInterdigital sells wireless patents to intel for 375m - buy semi prep hplc manufacturerInterdigital sells wireless patents to intel for 375m - buy semi prep hplc manufacturerInterdigital sells wireless patents to intel for 375m - buy semi prep hplc manufacturerInterdigital sells wireless patents to intel for 375m - buy semi prep hplc manufacturerInterdigital sells wireless patents to intel for 375m - buy semi prep hplc manufacturer The e-commerce company in China offers quality products such as buy semi prep hplc manufacturer , countertop displays, and more. For more , please visit China Suppliers today!
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