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Re: Patent Sales From DR

By: DND in IDCC | Recommend this post (0)
Thu, 26 Jul 12 2:18 AM | 337 view(s)
Boardmark this board | InterDigital Communications
Msg. 45692 of 48237
(This msg. is a reply to 45687 by DND)

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Nufront is the Chinese company that made the earlier purchase of 4 patent families for $9M

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76718171

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Nufront Mobile Communications Technology Co. Ltd. (13 percent)???




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The above is a reply to the following message:
Patent Sales
By: DND
in IDCC
Thu, 26 Jul 12 1:02 AM
Msg. 45687 of 48237

"Given the breadth, depth and increasing scale of the InterDigital patent portfolio, we have been able to identify an additional 3,000 patents and applications that we believe we can monetize outside of our main handset licensing program. We are currently having dialog with a number of parties and are targeting signing additional agreements."

This sounds like 3,000 more instead of a total of 3,000 of which the 1700 to Intel would be included.

If they sell these 3,000 for a similar amount to the Intel sale they will have over $1B in cash.


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