This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

InterDigital Strengthens Senior Executive Team With Addition Of Wireless Veteran Allen Proithis

Stocks in this article: IDCC

InterDigital, Inc. (NASDAQ: IDCC) today announced the strengthening of its senior executive team with the addition of Allen Proithis as Vice President, Business Development and Strategic Solutions. In his role, Mr. Proithis will hold responsibility for establishing and developing strategic business relationships and identifying potential new business opportunities.

Prior to joining InterDigital, Mr. Proithis was Senior Director – Strategy & Business Development in the Consumer Devices division at TE Connectivity Ltd., a global designer and manufacturer of products that connect and protect the flow of power and data inside products. In that role, he led a global team dedicated to strategy, M&A and strategic marketing for the mobile, consumer electronics and PC industries.

Before joining TE, Mr. Proithis spent almost seven years at Hewlett-Packard, most recently as Head of Strategy & Business Development for the Handheld business unit. In this function, he drove all strategic initiatives for devices, software and services, including the launch of HP’s first mobile app store. Mr. Proithis had previously been the Director of Business Development in HP’s Personal Systems Group, where he built a partnership program with major telecommunications companies.

His career also includes executive roles at HB Associates, an executive search and management consulting firm, Computer Sciences Corporation, Convergys and Electronic Data Systems. Mr. Proithis holds a bachelor’s degree in telecommunications from the Pennsylvania State University.

“The pace of change in the mobile industry continues to accelerate, and InterDigital’s pioneering research in a wide range of connectivity technologies requires us to think broadly as a company about the partnerships, opportunities, research areas and other business parameters that can support growth. The addition of Allen strengthens our ability to understand, initiate and capitalize on opportunities,” said William J. Merritt, President and Chief Executive Officer of InterDigital ®.

About InterDigital

InterDigital develops fundamental wireless technologies that are at the core of mobile devices, networks, and services worldwide. We solve many of the industry's most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world's leading wireless companies.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs