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Re: bim 

By: M6 in IDCC | Recommend this post (1)
Wed, 01 Feb 12 1:58 AM | 309 view(s)
Boardmark this board | InterDigital Communications
Msg. 44461 of 48237
(This msg. is a reply to 44460 by bim24)

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InterDigital sees possible buyers for its patents

Posted on 31 January 2012 by Martha DeGrasse.
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InterDigital (NASDAQ: IDCC) has seen its stock price slump since it confirmed that it was calling off its patent sale 8 days ago. But the company says there should be [b]more news soon[/b, now that it has decided to sell its patent portfolio in pieces. InterDigital Executive VP Janet Point says the company could not find a buyer for its entire patent estate, but that several potential bidders wanted to buy a subset of the portfolio. InterDigital is continuing to talk to those parties, Point said, and has also had some new inquiries since it decided that the patents did not have to be sold together.

“We will keep a substantial portion of our core wireless patent inventory that relates to wireless standards, like 3G and 4G,” Point told RCR Wireless News. “But we will parse the portfolio, and sell ancillary patents,” she said.

InterDigital is recognized as a leader in the development of wireless technologies and standards. The company makes money by licensing its patented inventions and technologies.
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The above is a reply to the following message:
Re: bim
By: bim24
in IDCC
Wed, 01 Feb 12 1:37 AM
Msg. 44460 of 48237

been waiting for the cafc for a long time now and that's out of their control so it shouldn't fall into the quiet period for open market buys.

absent the cafc, i don't think we will get any news releases anytime soon (like patent sale).

i think the cafc is really the only near term event (this week and next?)
so i can sleep easy until 10 am central everyday and don't have to worry about getting up early to see if i missed anything Smile


since these are open market buys, we are in unchartered territory!


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