InterDigital Declares Partnership with Plug and Play to Foster Progressive Startups and Collaborations in Gaming

Plug and Play Logo (PRNewsfoto/Plug and Play)

WILMINGTON, Del., Oct. 14, 2020 /PRNewswire/ — InterDigital, Inc. (NASDAQ:IDCC), a cellular and video know-how analysis and growth firm, right this moment introduced that it’ll associate with world innovation and accelerator platform Plug and Play to function Anchor member for the platform’s Media & Promoting program. The partnership may even see InterDigital and Plug and Play work in direction of creating a brand new gaming vertical inside the subsequent 12 months.

Plug and Play brings collectively essentially the most promising startups with the world’s impactful firms to drive funding, foster innovation, and safe collaborative partnerships throughout an array of verticals. InterDigital’s intensive analysis in cutting-edge wi-fi and visible applied sciences and up to date pioneering developments in cloud gaming has been influential in creating the gaming vertical to attach corporations throughout gaming, edge and cloud, and artificial media ecosystems.

As an Anchor member, InterDigital will assist information new partnerships and priorities inside the gaming vertical. Amongst their tasks, Anchor members take part in deal circulate periods, branding and networking, accelerator entry, board membership, and extra. As well as, InterDigital will collaborate with {industry} friends to higher perceive know-how wants and partnership alternatives to leverage InterDigital’s industry-recognized analysis.

InterDigital goals to turn out to be one of many main analysis organizations on the planet of gaming – an {industry} that’s estimated to have 3.5 billion avid gamers by 2024. Gaming is an evolving vertical that leverages improvements in community structure, video streaming and content material supply to form the way forward for interactive gaming and leisure.  InterDigital is positioned to steer the event of future cloud gaming applied sciences with its deep experience in creating low latency networks and video manufacturing applied sciences which were utilized in blockbuster motion pictures, such because the 2019 launch of the Lion King.

As a part of the Plug and Play Gaming Committee working to develop a brand new program for gaming tech, InterDigital’s Senior Director of Expertise Technique Donald Butts and Senior Director of Companion Growth Jeffrey Metzger will each maintain advisory seats.

“Over the previous decade, there was a shift in how the world creates and consumes content material. As we stand on the point of a brand new period the place our units shall be each the instruments and the creators, InterDigital is worked up to create options for these rising realities,” mentioned Donald Butts, Senior Director of Expertise Technique at InterDigital. “Our new partnership with Plug and Play will allow us to determine and collaborate with game-changing startups desirous to leverage our technical capabilities and the brand new gaming experiences we discover.”

“We’re thrilled to have InterDigital, a world chief in basic wi-fi and video applied sciences, becoming a member of the Plug and Play open innovation platform,” says Sobhan Khani, Vice President at Plug and Play, in regards to the newly solid partnership. “InterDigital’s unwavering dedication to the innovation ecosystem throughout this difficult time sends a transparent message that they’re able to collaborate with startups and {industry} leaders to drive the event of augmented actuality, immersive content material, synthetic intelligence, and different rising applied sciences.”

About InterDigital ®

InterDigital develops cellular and video applied sciences which can be on the core of units, networks, and providers worldwide. We resolve lots of the {industry}’s most important and complicated technical challenges, inventing options for extra environment friendly broadband networks, higher video supply, and richer multimedia experiences years forward of market deployment. InterDigital has licenses and strategic relationships with lots of the world’s main know-how corporations. Based in 1972, InterDigital is listed on NASDAQ and is included within the S&P MidCap 400® index.

InterDigital is a registered trademark of InterDigital, Inc.

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About Plug and Play

Plug and Play is a world innovation platform. Headquartered in Silicon Valley, we now have constructed accelerator packages, company innovation providers, and an in-house VC to make technological development progress sooner than ever earlier than. Since inception in 2006, our packages have expanded worldwide to incorporate a presence in over 30 places globally, giving startups the mandatory assets to reach Silicon Valley and past. With 30,000 startups and 400 official company companions, we now have created the final word startup ecosystem in lots of industries. Corporations in our group have raised over $9 billion in funding, with profitable portfolio exits together with Hazard, Dropbox, Honey, Lending Membership and PayPal.

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InterDigital Contact:
Roya Stephens
Electronic mail: [email protected]  
+1 (202) 349-1714

Plug and Play Contact:
Allison Romero
Electronic mail: [email protected]  

SOURCE Plug and Play

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