InterDigital Communications Corp. said it has acquired all the assets of Tantivy Communications Inc., which develops data-enabling products.
The assets cover patents, patent applications, know-how, state-of-the-art laboratory facilities and other technologies related to cdma2000, smart antennas, wireless local area networks and other wireless technologies.
Tantivy received $11.5 million under the deal in cash and debt cancellation.
“Acquiring the assets of Tantivy Communications further strengthens our existing cdma2000 patent portfolio and competitive position in that marketplace, while broadening our offering to potential licensees and technology partners,” said Howard Goldberg, president and chief executive officer of InterDigital.
