Attila, a Stevens Technogenesis Company, and InterDigital form collaboration
December 17, 2009 — Stevens Institute of Technology announced that its Technogenesis spin-out company, Attila LLC, has entered into a multi-faceted collaboration with InterDigital Communications, LLC, a wholly-owned subsidiary of InterDigital Communications, LLC (NASDAQ: IDCC).
Under the deal, InterDigital has provided an undisclosed capital infusion and acquired a minority position in Attila. In addition, the companies will collaborate on the development and marketing of bandwidth aggregation technologies and related multi-network innovations.
Today's wireless networks are being challenged by the broad consumer appeal of wireless data services and applications. Virtually all industry observers are predicting the demand for wireless data to significantly outstrip the capacity within a few years. Already, regulators and operators around the world are scrambling to mitigate the imminent bandwidth deficit by trying to allocate more wireless spectrum and to create new ways to manage that precious resource. But simply adding more spectrum is only part of the solution. InterDigital believes that the combination of more efficient use of spectrum, dynamic integration of different wireless technologies, and more intelligent data handling will be required to narrow the gap, reduce network congestion and provide users with a more satisfying mobile experience.
"In anticipation of the exponential growth in wireless data usage, InterDigital has been focused on enabling more efficient use of spectrum, seamless network of networks, and more intelligent data delivery," said Mark A. Lemmo, Executive Vice President Corporate Development, InterDigital. "Attila's innovative multi-network capabilities and technology complement our own core innovations that support increased wireless data throughput, improved robustness and a richer multimedia experience, especially at the cell edge."
"Attila's innovative software dynamically aggregates all available bandwidth across multiple disparate wireless networks to increase throughput, eliminate dropped connections and improve network resource utilization." said Nicolas Girard, Attila's President and Chief Operating Officer. Frank Ianna, Attila's Chief Executive Officer, added, "We are very excited about our collaboration with InterDigital which will help bring this innovative technology to the forefront of the mobile wireless industry as well as provide Attila with added depth and market access."
Under the agreement, InterDigital has acquired a minority stake in Attila and a seat on its board of directors. InterDigital also made an additional investment in specified technology development programs. The companies will jointly demonstrate their bandwidth aggregation capabilities on live networks at the 2010 Mobile World Congress in Barcelona.
Provided by Stevens Institute of Technology
