Via www.valuediscipline.blogspot.com:
InterDigital Communications Corporation (IDCC) designs, develops, and licenses digital wireless technologies which are incorporated into wireless equipment, and mobile handsets.
The bulk of the company’s revenues are generated through licensing its intellectual property, primarily to original equipment manufacturers (OEMs) of 2G, 2.5G, and 3G mobile handsets and infrastructure. In fact, its inventions and technology are embedded in every 2G, 2.5G and 3G device. The company has been involved in wireless for three decades (who knew?) and created some of the widely used TDMA and CDMA technologies for which it receives licensing revenues as well.
The company continues to develop new technologies as it spends some 14% of revenues on R The company is currently involved in developing standards for 3G, Next Generation Networks (NGN), and IEEE 802.11x technologies, among others. In the meantime, it holds some 6000 patents. That's a tremendous amount of intellectual property. Little wonder, that this business based in King of Prussia, PA has generated over $1 billion in licence fees over its history....