Pendrell Corporation, together with its subsidiaries, invests, acquires, and develops businesses with technologies that are protected by intellectual property (IP) rights. The company evaluates its existing investments to determine whether retention or disposition is appropriate, and frequently investigate new investment and business acquisition opportunities. The company also advises clients on various IP strategies and transactions. Licensing Programs The company manages four IP licensing programs, including digital media, digital cinema, wireless technologies, and memory and storage technologies. The company’s digital media program is supported by patents and patent applications designed to protect against unauthorized duplication and use of digital content that is transferred from a source to one or more electronic devices. The company’s digital media licensees include manufacturers, distributors and providers of consumer products, including Casio Hitachi Mobile Communications, Fujitsu, LG Electronics, Microsoft Corporation, Nokia, Panasonic, Pantech, Sharp, Sony, Toshiba, Technicolor, S.A., Time Warner, and Xerox Corporation. The company’s digital cinema program is supported by patents and patent applications designed to protect against unauthorized creation, duplication and use of digital cinema content that is authored and distributed to movie theaters. Potential digital cinema licensees include distributors and exhibitors of digital content, including motion picture producers, motion picture distributors and equipment vendors. The company’s wireless technologies program is supported by approximately 1,300 U.S. and foreign patents and patent applications, many of which enable key functionality in cellular and digital wireless devices and infrastructure. Main technologies covered include 3G, 4G, Bluetooth, Wi-Fi, and NFC technologies. Potential licensees include suppliers, manufacturers, distributors, and providers of wireless devices and infrastructure, including manufacturers and distributors of handsets, tablets, laptops, and other connected devices. The company’s memory and storage technologies program is supported by approximately 125 patents and patent applications acquired from Nokia Corporation in March 2013, of which 81 have been declared by Nokia Corporation to be essential to standards that are applicable to memory and storage technologies used in electronic devices. These patents cover embedded memory components and storage subsystems. Potential licensees include flash memory component suppliers, solid state disk manufacturers and device vendors. The company’s subsidiaries held approximately 1,600 patents, as of December 31, 2013, with expiration dates ranging from 2014 to 2035, and with an average life of approximately 10 years. The company’s IP revenue generation activities are not limited to licensing and litigation. The company provides IP valuation services, analysis and strategic advice to third parties, including IP portfolio development, strategic assessment of IP assets, IP landscape analysis and risk mitigation strategies. Product Development Activities Through its subsidiaries, the company develops new solutions to complex problems, including the development of products that commercialize its IP rights. In December 2013, through its ContentGuard Holdings, Inc. (ContentGuard) subsidiary, the company launched a digital content protection application for mobile device users, the functionality of which the company intends to expand throughout 2014. Business Strategy The company’s strategy includes acquiring and growing companies that have developed or acquired unique, innovative technologies that can be licensed to third parties. The company also regularly explores acquisition and investment opportunities that are unrelated to its existing businesses. History Pendrell Corporation was founded in 1995. The company was formerly known as ICO Global Communications (Holdings) Limited and changed its name to Pendrell Corporation in 2011.
pendrell corp (PCO:NASDAQ GS)
2300 Carillon Point
Kirkland, WA 98033
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To contact PENDRELL CORP, please visit www.pendrell.com. Company data is provided by Capital IQ. Please use this form to report any data issues.