Summary
Pendrell Corporation invests in, acquires, and develops businesses with technologies that are protected by intellectual property (IP) rights in the United States. It manages three IP licensing programs comprising memory and storage technologies, digital media, and digital cinema. The company's digital media program is supported by patents and patent applications to protect against unauthorized duplication and use of digital content during the transfer of the digital content. It grants digital media licenses to manufacturers, distributors, and providers of consumer products. The company's memory and storage technologies are used in electronic devices, including licensees of flash memory component suppliers, solid state disk manufacturers, and device vendors. Its digital cinema program is supported by DRM Patents and patent applications designed to protect against unauthorized creation, duplication and use of digital cinema content that is distributed to movie theaters worldwide. Its digital cinema licensees include distributors and exhibitors of digital content, such as motion picture producers, motion picture distributors, and equipment vendors. The company was formerly known as ICO Global Communications (Holdings) Limited and changed its name to Pendrell Corporation in July 2011. Pendrell Corporation was founded in 1995 and is headquartered in Kirkland, Washington.
History
Pendrell Corporation was founded in 2011 and is headquartered in Kirkland, Washington. It was formerly known as Intellectual Ventures LLC, and changed its name to Pendrell Corporation in November 2012.
Mission
Pendrell Corporation's mission is to identify, acquire and license important and valuable IP assets, creating the necessary partnerships between inventors and customers to produce win-win outcomes.
Vision
Pendrell Corporation's vision is to become the leader in intellectual property asset management and technology licensing, creating value for inventors and customers through earned royalties and investments.
Key Team
Mr. R. Gerard Salemme (Co-CEO, Pres, Consultant & Director)
Mr. Scott G. Richardson (Non-Employee Consultant)
Recognition and Awards
Pendrell Corporation has been recognized by WalletHub as one of the “Best Patent Holders of 2020”.
References