Sat02162019

Robins Global News & Noticias



  • Featured Guest Post
    Featured Guest Post
  • Featured Guest Post
    Featured Guest Post
  • Featured Guest Post
    Featured Guest Post
  • Trump Pence News
    Trump Pence News
  • Weather Alerts
    Weather Alerts

RobinsPost News Network

+ Larger Font | + Smaller Font

Globe NewsWire News Distribution Service

Press Release: InterDigital Makes Binding Offer to Acquire Technicolor’s Research & Innovation Unit


WILMINGTON, Del., Feb. 11, 2019 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ: IDCC), a mobile technology research and development company, today announced that it has made a binding offer to acquire the award-winning Research & Innovation (R&I) unit of Technicolor SA (Euronext Paris: TCH) (OTCQX: TCLRY), a worldwide technology leader in the media and entertainment sector. Upon completion of the transaction, InterDigital would become an unquestioned leader in both wireless and video research, with R&D-backed portfolios addressing the mobile, consumer electronics, IoT, and other markets.
In order to accommodate French labor law, InterDigital has made an irrevocable offer to Technicolor and certain of its subsidiaries to purchase Technicolor’s R&I unit. After completing the required prior consultation with Technicolor’s works council, the companies expect to execute a definitive acquisition agreement, the terms of which have been negotiated. The transaction is expected to close in mid-2019, subject to customary closing conditions.As consideration for the acquisition, the parties have agreed to terminate the jointly-funded R&D collaboration that was entered into as part of InterDigital’s acquisition of Technicolor’s licensing business. In addition, Technicolor has agreed to reduce its rights to a revenue-sharing arrangement announced as part of InterDigital’s acquisition of Technicolor’s licensing business. There is no cash consideration.With engineering teams in Rennes, France, and Palo Alto, California who will transfer to InterDigital, R&I is a premier research lab that conducts fundamental research into video coding, IoT / smart home, imaging sciences, AR and VR and artificial intelligence / machine learning. The unit was the driving force behind the patent portfolio acquired by InterDigital from Technicolor in July 2018. Technicolor’s R&I team includes leaders in fundamental standards like HEVC, ATSC 3.0 and other video coding technologies. Like InterDigital Labs, R&I also enjoys partnerships and collaboration with world-class universities and researchers around the world.“Acquiring R&I is a decisive step in the creation of InterDigital’s video R&D and licensing business, which began with the acquisition of Technicolor’s licensing business last year. With this transaction, InterDigital creates an extraordinarily powerful research engine that will deliver fundamental innovation into two major markets: the wireless market, our longtime leadership area, and the video, display and consumer electronics market, a market with roughly the same revenue potential as the wireless market and which is a greenfield opport...


Posted: 2019-02-11 06:29:00

Get Full News Story On GlobeNewsWire Press Release Service


Listen to this article. Speaker link opens in a new window.
Text To Speech BETA Test Version.






Print Friendly and PDF Share Embed


Related News Stories From The Web And More

Related Bing News

Press Release: InterDigital Makes Binding Offer to Acquire Technicolor’s Research & Innovation Unit | Globe NewsWire News Distribution Service | RobinsPost News Network - Newscast

Technicolor receives InterDigital offer for R&I activity

Mon, 11 Feb 2019 07:03:00 GMT

R&I is a premier research lab that conducts fundamental research into video coding, IoT/smart home, imaging sciences, artificial reality, augmented reality and artificial intelligence/machine learning ...

InterDigital offers to acquire Technicolor R&I unit

Mon, 11 Feb 2019 06:06:00 GMT

InterDigital (NASDAQ:IDCC) offers to acquire the Research & Innovation unit of Technicolor ... formed when InterDigital acquired Technicolor's licensing business. Technicolor also agrees to ...

InterDigital Makes Binding Offer to Acquire Technicolor’s Research & Innovation Unit

Sun, 10 Feb 2019 22:56:00 GMT

WILMINGTON, Del., Feb. 11, 2019 (GLOBE NEWSWIRE) -- InterDigital, Inc. (IDCC), a mobile technology research and development company, today announced that it has made a binding offer to acquire the ...

InterDigital Inc (IDCC) Q3 2018 Earnings Conference Call Transcript

Sat, 29 Sep 2018 17:00:00 GMT

When we first announced our binding offer to acquire Technicolor's patent ... of 5G innovation opportunity that we can share and in fact that perspective licensees. So, like we did with Sony building ...

TVU Networks helps France Télévisions get to the heart of the Royal Wedding

Wed, 30 May 2018 03:39:00 GMT

TVU Networks, the global technology and innovation leader in live IP video solutions ... a motorbike crew capturing live crowd reactions was equipped with a TVU One unit and the TVU NANO, again one to ...

Related Bing Web Search

InterDigital Makes Binding Offer to Acquire Technicolor’s ...

(Mon, 11 Feb 2019 06:42:00 GMT)

InterDigital, Inc. (IDCC), a mobile technology research and development company, today announced that it has made a binding offer to acquire the award-winning Research & Innovation (R&I) unit of ...

InterDigital Makes Binding Offer to Acquire Technicolor's ...

(Mon, 11 Feb 2019 01:27:00 GMT)

InterDigital Makes Binding Offer to Acquire Technicolor's Research & Innovation Unit ... today announced that it has made a binding offer to acquire the award-winning Research & Innovation (R&I ...

InterDigital Makes Binding Offer to Acquire Technicolor’s ...

(Mon, 11 Feb 2019 07:54:00 GMT)

InterDigital Makes Binding Offer to Acquire Technicolor’s Research & Innovation Unit Monday, 11 February 2019 ( 30 minutes ago ) World-Class R&D Team Will Launch InterDigital into Global Leadership Role in Advanced Video Technology

InterDigital Makes Binding Offer to Acquire Technicolor’s ...

(Mon, 11 Feb 2019 07:11:00 GMT)

InterDigital Makes Binding Offer to Acquire Technicolor's Research & Innovation Unit World-Class R&D Team Will Launch InterDigital into Global Leadership Role in Advanced Video Technology

InterDigital Makes Binding Offer to Acquire Technicolor’s ...

(Mon, 11 Feb 2019 13:02:00 GMT)

WILMINGTON, Del., Feb. 11, 2019 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ: IDCC), a mobile technology research and development company, today announced that it has made a binding offer to acquire the award-winning Research & Innovation (R&I) unit of Technicolor SA (Euronext Paris: TCH) (OTCQX: TCLRY), a worldwide technology leader in the media and entertainment sector.

InterDigital Makes Binding Offer to Acquire Technicolor’s ...

(Mon, 11 Feb 2019 06:28:00 GMT)

InterDigital Makes Binding Offer to Acquire Technicolor’s Research & Innovation Unit World-Class R&D Team Will Launch InterDigital into Global Leadership Role in Advanced Video Technology

InterDigital Makes Binding Offer to Acquire Technicolor’s ...

(Mon, 11 Feb 2019 20:18:00 GMT)

InterDigital today announced that it has made a binding offer to acquire the award-winning Research & Innovation unit of Technicolor. As part of the transaction, InterDigital will deliver R&D services to Technicolor. The agreement would support Technicolor’s continued leadership in immersive technology.

Press Release | InterDigital.com

(Tue, 12 Feb 2019 00:00:00 GMT)

InterDigital Makes Binding Offer to Acquire Technicolor’s Research & Innovation Unit ... InterDigital has made an irrevocable offer to Technicolor and certain of its subsidiaries to purchase Technicolor’s R&I unit. After completing the required prior consultation with Technicolor’s works council, the companies expect to execute a ...

InterDigital Makes Binding Offer to Acquire Technicolor's ...

(Mon, 11 Feb 2019 06:28:00 GMT)

WILMINGTON, Del., Feb. 11, 2019 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ: IDCC), a mobile technology research and development company, today announced that it has made a binding offer to acquire the award-winning Research & Innovation (R&I) unit of Technicolor SA (Euronext Paris: TCH) (OTCQX: TCLRY), a worldwide technology leader in the media and entertainment sector.

InterDigital Makes Binding Offer to Acquire Technicolor's ...

(Tue, 12 Feb 2019 11:06:00 GMT)

InterDigital Makes Binding Offer to Acquire Technicolor's Research & Innovation Unit . New Inventions News 1 gün önce 2 Views . WILMINGTON, Del., Feb. 11, 2019 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ: IDCC), a mobile technology research and development company, today announced that it has made a binding offer to acquire the award ...

Related News Story Videos From Youtube

KickRaux, Tyga, Ayo Jay, Demarco, Doctor & Ras Kwame - Feelin U (Official Video)


Related Videos On: KickRaux, Tyga, Ayo Jay, Demarco, Doctor & Ras Kwame - Feelin U (Official Video)


TIMING IS EVERYTHING | Dailyvee 040


Related Videos On: TIMING IS EVERYTHING | Dailyvee 040


VRLA Summer Expo 2016 - Technicolor Presents: Immersive Experiences, Storytelling and Technology


Related Videos On: VRLA Summer Expo 2016 - Technicolor Presents: Immersive Experiences, Storytelling and Technology


BREAKING: CNN CHIEF JUST ORDERED TOTAL BLACK-OUT ON HUGELY DAMAGING CLINTON STORY


Related Videos On: BREAKING: CNN CHIEF JUST ORDERED TOTAL BLACK-OUT ON HUGELY DAMAGING CLINTON STORY


SDG indicators: The last missing piece of the 2030 Agenda


Related Videos On: SDG indicators: The last missing piece of the 2030 Agenda






Blow Us A Whistle

Comments (Whistles) Designed By Disqus




Company Information

Official Content Providers











PRIVACY POLICY

We recommend Firefox 3 (and above), Edge, and Chrome for dynamic performance.
© 2008-2019 RobinsPost (The Bird's Eye View Company) All rights are reserved.
RobinsPost provides links to news sites based on their RSS feeds.
All trademarks, copyrights, videos, photos and logos are owned by news sources.
News stories, videos and live streams are from trusted sources.
ROBINSPOST Is Proudly Made In America.
Where Quality, Safety and Service Comes First.