KING OF PRUSSIA, Pa.-InterDigital Communications Corp. announced InterDigital Technology Corp. entered into a worldwide, royalty-bearing Time Division Multiple Access patent license agreement with Toshiba Corp.
For an upfront payment of $15 million, ITC granted Toshiba a paid-up license for Personal Handyphone Systems and Personal Digital Cellular equipment. Toshiba also will be required to pay ITC future royalties for products sold outside of Japan.
