InterDigital Forms M2M Joint-Venture with Sony
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Patents holding company, InterDigital says that it has formed a joint-venture with Sony to develop Machine-to-Machine services and products. The joint venture, called Convida Wireless, will focus on new research in the field of M2M communications and other connectivity areas.
Based on the terms of the agreement, the parties will contribute funding and resources for additional M2M research and platform development, which will be carried out by InterDigital Solutions. Stephens Capital Partners will be a minority investor in Convida Wireless.
The agreement also includes a patent license from InterDigital for Sony's 3G and 4G products.
InterDigital's current M2M research includes an M2M services delivery platform, standards work with ETSI and other areas of research. Recently, InterDigital technology powered a nine-vendor demonstration of standards-based M2M technology at the 3rd ETSI TC M2M Workshop in Mandelieu, France.
Tags: [interdigital] [m2m] [machine to machine] [sony] [USA]
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