Mar 02, 2009 (M2 EQUITYBITES via COMTEX) -- IDCCD | Quote | Chart | News | PowerRating -- InterDigital Inc (Nasdaq:IDCC), a provider of advanced wireless technologies and products that drive voice and data communications, on Friday (27 February) announced that its patent licensing subsidiaries have entered into a non-exclusive, worldwide, royalty-bearing, patent license agreement with Global Wireless Technologies LLC, a designer and developer of wireless solutions for the cellular access point and asset tracking markets.
The license agreement covers the sale of terminal units and infrastructure compliant with 2G, 2.5G, 3G, and IEEE 802-based standards for the duration of the life of the licensed patents.
In addition, InterDigital Communications, LLC and Global Wireless entered into an Evaluation Agreement covering Global Wireless' consideration and review of InterDigital's 2G and 3G SlimChip wireless modem technologies, related software and reference designs for potential incorporation into Global Wireless' products.
Further financial details of the license agreement were not available.
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For full details on Interdigital Commun Cp (IDCC) click here. Interdigital Commun Cp (IDCC) has Short Term PowerRatings of 7. Details on Interdigital Commun Cp (IDCC) Short Term PowerRatings is available at This Link.
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