This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Pendrell Acquires More Than 1,300 Patents Covering 3G And 4G Wireless Technologies, E-commerce, Mobile Applications, Video Delivery And Security

Pendrell Corporation (NASDAQ: PCO) announced today that its subsidiaries have acquired more than 1,300 U.S. and foreign patents in five separate transactions. The patents are applicable to wireless handset and infrastructure technologies, e-commerce, mobile applications, video delivery and security, and originated at some of the leading technology firms in the U.S., Europe and Asia. Financial terms of the transactions are not being disclosed. With these transactions, Pendrell now holds more than 1,500 issued patents worldwide, with hundreds of additional patent applications pending.

The patent portfolios acquired in these transactions cover critical technologies such as:
  • LTE, CDMA, HSPA, UMTS, WiFi, WiMAX, Bluetooth and other wireless technologies.
  • E-commerce software, mobile applications, mobile operating systems, location based services, gaming, and virtual environments.
  • Video streaming, video compression and gaming applications.
  • Security technologies involving access control, authentication, tracking and encryption.

“These patents greatly enhance Pendrell’s portfolio in technological areas that will be important for years to come,” commented Ben Wolff, chief executive officer for Pendrell. “Our approach has been to obtain rights to key, strategic innovations which benefit our partners, customers and shareholders. The inventions we have acquired are being used today by a wide range of leading handset, tablet, computer and consumer electronics manufacturers, online retailers, content providers, infrastructure vendors and network operators. With the world-class team we have assembled and our growing patent portfolio, we will continue to accelerate and expand our strategic partnering and licensing programs worldwide.”

About Pendrell Corporation

Pendrell Corporation, through its subsidiary, Pendrell Technologies, is a fully-integrated intellectual property (IP) investment and advisory services firm. Pendrell Technologies develops and implements strategies to acquire, commercialize, and license IP. Pendrell is headquartered in Kirkland, Washington, with offices in Berkeley, Los Angeles and Washington, DC. For more information, visit

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,081.89 -49.97 -0.29%
S&P 500 2,014.89 +15.91 0.80%
NASDAQ 4,796.6090 -42.0340 -0.87%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs