InterDigital Inked A New Multi-Year Royalty-Bearing Global License With Lenovo For Its HEVC Video Patents
Portfolio Pulse from Benzinga Newsdesk
InterDigital has signed a multi-year, royalty-bearing global license agreement with Lenovo for its High Efficiency Video Coding (HEVC) video patents. The financial terms of the deal were not disclosed.
November 02, 2023 | 8:33 am
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InterDigital's new licensing agreement with Lenovo for its HEVC video patents could potentially increase its revenue streams, although the financial terms were not disclosed.
The new licensing agreement with Lenovo could potentially increase InterDigital's revenue streams. However, as the financial terms were not disclosed, the exact impact on the company's financials is uncertain.
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