Brief: Verimatrix Sells NFC Patents To Infineon For Nearly 2 Million Dollars

Verimatrix SA

12/01/2022 16:52

Jan 12 (Reuters) - Verimatrix SA  VMX.PA :
    * VERIMATRIX ASSIGNS HISTORICAL NFC PATENTS TO INFINEON
    * SOLD ITS HISTORICAL PORTFOLIO OF NFC PATENTS TO
SEMICONDUCTOR
COMPANY INFINEON TECHNOLOGIES AG FOR NEARLY $2 MILLION
    * DIVESTITURE PUTS AN END TO PARTICIPATION OF VERIMATRIX
PATENTS
TO NFC PATENT LICENSING PROGRAM WHICH GENERATED CUMULATIVE
REVENUES FOR VERIMATRIX IN EXCESS OF $50 MILLION BETWEEN 2014
AND 2021, INCLUDING $16.6 MILLION IN Q2 OF 2021
    * VERIMATRIX IS NOW FULLY FOCUSED ON ITS CORE BUSINESS OF
VIDEO
CONTENT AND MOBILE APPLICATION PROTECTION

Source text for Eikon:  ID:nBw8grVHfa 
Further company coverage:  VMX.PA 

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