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InterDigital, Inc.

InterDigital reported revenues of $434 million in third quarter, compared to $76.5 million in third quarter 2011. The surge in revenue was the result of a $375.0 million patent sale to Intel Corp. “The record performance in third quarter 2012 illustrates the strength of our strategy to expand our revenue streams beyond core licensing into other areas, in line with the changes we are seeing in the dynamics of the patent market,” commented William J. Merritt, President and CEO of InterDigital.

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