WILMINGTON, DE — InterDigital, Inc. (Nasdaq: IDCC) has announced the signing of a new multi-year license agreement with HP Inc., granting the technology giant access to InterDigital’s Wi-Fi and video decoding technologies for use in its personal computers.
This landmark agreement further strengthens InterDigital’s positioning in the PC market, with the company now holding licenses for over 50% of the global PC sector. Julia Mattis, Interim Chief Licensing Officer at InterDigital, commended the collaboration, highlighting the importance of the deal in advancing innovation.
“This agreement provides HP and its PC customers with the benefits of our foundational innovation and allows further investment into our wireless, video and AI research,” said Mattis. She also praised the professionalism exhibited by both parties during the negotiation process.
HP, recognized as one of the world’s largest personal computer manufacturers, is expected to gain significant value from this licensing partnership. For InterDigital, the deal represents yet another step in expanding its global presence and ensuring continued investment in cutting-edge research and development.
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