InterDigital renews license agreement with Sony
Rhea-AI Summary
InterDigital (Nasdaq: IDCC) announced a renewed global patent license agreement with Sony on Feb. 17, 2026. The agreement covers Sony’s end user devices under InterDigital’s global patent portfolio, including standard-essential cellular, WiFi, and video patents.
InterDigital described Sony as a long-term licensee and framed the renewal as support for connected devices from smartphones to TVs and gaming consoles.
Positive
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Negative
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News Market Reaction
On the day this news was published, IDCC declined 2.29%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Market Reality Check
Peers on Argus
IDCC gained 5.09% while close peers were mixed: NICE down 2.02%, CVLT down 0.77%, SRAD up 0.4%, OTEX up 2.5%, DSGX up 1.31%, indicating a stock-specific move rather than a sector-wide shift.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 13 | Patent injunction win | Positive | +5.1% | Court granted fifth injunction against Disney over HEVC compression technology. |
| Feb 12 | Standards leadership role | Neutral | -1.9% | Atle Monrad re-elected chair of 3GPP SA6, reinforcing standards influence. |
| Feb 10 | Patent enforcement | Positive | -6.8% | Company pursued enforcement actions against Hisense and TCL over patents. |
| Feb 10 | Haptics partnership | Positive | -6.8% | Launched Haptic Excellence Center with Razer to advance haptic media. |
| Feb 05 | Earnings results | Positive | +9.9% | Reported strong 2025 results with record net income and non-GAAP EPS. |
Positive, tangible business milestones like earnings and legal wins have often coincided with strong positive moves, while strategic/technology announcements have sometimes seen negative reactions.
Recent months show InterDigital pairing strong financial performance with active licensing and enforcement. On Feb 5, 2026, it reported near-record 2025 revenue of $834.0M and record net income of $406.6M, with shares rising 9.93%. Subsequent news included injunctions against Disney, patent enforcement actions, and a haptics collaboration with Razer, with mixed price reactions. Against this backdrop, the renewed Sony patent license continues the pattern of securing major device-maker agreements under its global portfolio.
Market Pulse Summary
This announcement extends InterDigital’s long-standing licensing relationship with Sony, covering all of Sony’s end-user devices under InterDigital’s global portfolio of cellular, WiFi, and video patents. It fits a broader pattern that includes major deals with Samsung, vivo, and Honor and a 2025 revenue base of $834.0M. Key factors to monitor include how this and other renewals translate into recurring license revenue and how they interact with ongoing patent enforcement activity and standards-leadership initiatives.
Key Terms
patent license agreement financial
standard essential technical
wifi technical
AI-generated analysis. Not financial advice.
WILMINGTON, Del., Feb. 17, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a wireless, video, and AI technology research and development company, today announced that the company has signed a new patent license agreement with Sony.
This agreement covers all of Sony’s end user devices under InterDigital’s global patent portfolio, including InterDigital’s standard essential cellular, WiFi, and video patents.
“Sony is a long-term InterDigital licensee, and we’re delighted to have renewed our license with such a world-renowned technology company,” commented Julia Mattis, Chief Licensing Officer, InterDigital. “This agreement is further demonstration of how our innovation drives the connected world across a wide range of devices – from the smartphone in your pocket, to the laptop on your desk, and the connected TV and gaming console in your living room.”
About InterDigital®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
InterDigital Contact:
Richard Lloyd
Email: richard.lloyd@interdigital.com
+1 (202) 349-1716