| Specialty Retail Industry | Consumer Discretionary Sector | Craig O. McCaw CEO | OTC PINK Exchange | 70686R708 CUSIP |
| US Country | 12 Employees | 1 Aug 2018 Last Dividend | 5 Dec 2017 Last Split | 6 Jun 2000 IPO Date |
Pendrell Corporation represents an essential force in the protection and management of intellectual property (IP) rights across various sectors in the United States. Specializing in the strategic investment, acquisition, and development of businesses, the company leverages technologies safeguarded by robust IP rights. Pendrell is noted for administering three main IP licensing programs that cover an extensive spectrum of technology landscapes, including memory and storage technologies, digital media, and digital cinema. This strategically positioned company, founded in 1995 and rebranded from ICO Global Communications (Holdings) Limited to Pendrell Corporation in July 2011, anchors its headquarters in Kirkland, Washington, functioning as a pivotal player in the IP and technology sectors.
This program encompasses a comprehensive suite of memory and storage solutions integral to the functioning of electronic devices. Pendrell licenses these crucial technologies to a wide array of industry stakeholders, including flash memory component suppliers, solid state disk manufacturers, and vendors of various devices. The emphasis on IP rights ensures that licensees benefit from advanced, protected technologies, enhancing their competitive edge in the rapidly evolving electronics marketplace.
Under its digital media program, Pendrell champions the protection against unauthorized duplication and use of digital content. This program is buttressed by an expansive portfolio of patents and patent applications, enabling the company to grant licenses to manufacturers, distributors, and providers of consumer products. Pendrell's endeavors in this domain ensure that digital content is transferred securely, preserving the value of intellectual property and fostering a fair ecosystem for content creators and consumers alike.
The digital cinema program, supported by DRM Patents and corresponding applications, is designed to combat unauthorized creation, duplication, and distribution of digital cinema content. Licensees of this program include a wide range of stakeholders within the movie industry, from producers and distributors to equipment vendors. By safeguarding the integrity of digital cinema content distributed worldwide, Pendrell plays a crucial role in maintaining the value and security of cinematic creations, benefiting the entire film ecosystem.