WILMINGTON, Del., Dec. 10, 2013 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq:IDCC), a wireless research and development company, today announced that its Innovation Partners unit has signed a collaboration agreement with VTT Technical Research Centre of Finland, a multi-technological applied research organization in Northern Europe.
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With this agreement InterDigital and VTT have partnered with an initial focus on the future of "user-centric context aware" research that will create value for the mobile ecosystem. Beyond this first engagement, the parties are working to define further projects to leverage the world class experience and knowledge embodied in the VTT organization.
Based in Espoo, Finland, VTT provides high-end technology solutions and innovation services. Innovation Partners recognizes the importance of external research partnerships to capitalize on opportunities to expand the company's research and development efforts in response to the evolution of the mobile industry. Innovation Partners is InterDigital's technology sourcing model based around partnerships with leading technology firms, inventors, universities and research organizations worldwide.
"InterDigital is excited to work with VTT, which has a proven track record of innovation. This announcement aligns with the company's strategy and our commitment to partnerships for external open innovation," said Todd Simpson, Executive Vice President of Innovation Partners at InterDigital.
"The cooperation with InterDigital gives to us an opportunity to develop and apply our competencies in a business area with great technology growth potential," said Petri Kalliokoski Executive Vice President of VTT.
About InterDigital®
InterDigital develops 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. Founded in 1972, InterDigital is listed on NASDAQ and is included in the S&P MidCap 400® index.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
About VTT Technical Research Centre of Finland
VTT Technical Research Centre of Finland is the biggest multi-technological applied research organization in Northern Europe. VTT provides high-end technology solutions and innovation services.
From its wide knowledge base, VTT can combine different technologies, create new innovations and a substantial range of world class technologies and applied research services thus improving its clients' competitiveness and competence. Through its international scientific and technology network, VTT can produce information, upgrade technology knowledge, create business intelligence and value added to its stakeholders.
VTT is a part of the Finnish innovation system under the domain of the Ministry of Employment and the Economy. VTT is a not-for-profit organization. VTT has ISO9001:2008 certificate.
For more information, visit: http://www.vtt.fi/index.jsp