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BRIEF-InterDigital And LG Electronics Sign Multi-Year Patent License Agreement
December 4, 2017 / 3:10 PM / 12 days ago

BRIEF-InterDigital And LG Electronics Sign Multi-Year Patent License Agreement

Dec 4 (Reuters) - Lg Electronics Inc:

* INTERDIGITAL AND LG ELECTRONICS, INC. SIGN MULTI-YEAR PATENT LICENSE AGREEMENT

* INTERDIGITAL INC - ‍ PATENT LICENSING SUBSIDIARIES HAVE SIGNED A MULTI-YEAR, WORLDWIDE, NON-EXCLUSIVE PATENT LICENSE WITH LG ELECTRONICS​

* INTERDIGITAL INC - ‍AGREEMENT COVERS 3G, 4G AND 5G TERMINAL UNIT PRODUCTS OF LG AND ITS AFFILIATES AND SETS FORTH A ROYALTY OF CASH PAYMENTS TO CO​

* INTERDIGITAL INC - ‍ AGREEMENT ALSO COVERS A PROCESS FOR TRANSFER OF PATENTS FROM LG TO INTERDIGITAL​

* INTERDIGITAL INC - ‍ PARTIES HAVE ALSO AGREED TO TERMS FOR DISMISSAL BY INTERDIGITAL OF OUTSTANDING LITIGATION AMONG PARTIES AND THEIR AFFILIATES​ Source text for Eikon: Further company coverage:

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