The Company designs and develops advanced digital wireless technologies for use principally in digital cellular and IEEE 802 related products.
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the recent auction of Nortel patents for $4.5b suggests tremendous unlocked value in IDCC patents. IDCC is valued at $1.98b and has about $500m in cash with virtually 0 debt. Toss in solid earnings (trades at trail EBITDA to EV of 6.6) and a new dividend policy and I think this is a stock to hold as we expand the wireless revolution. - note I do own in my portfolio.