QUALCOMM, DSPC And Intel Agree To Continue Licenses And Explore Opportunities For CDMA
SAN DIEGO, Calif., Nov. 30, 1999 - QUALCOMM Incorporated, pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, DSP Communications Inc. (DSPC) and Intel Corporation today announced that the companies have entered into an agreement for the continuation, following the acquisition of DSPC by Intel, of a CDMA ASIC patent license signed by QUALCOMM and DSPC in 1995.
The 1995 agreement granted DSPC a royalty-bearing license under certain of QUALCOMM's patents to make and sell CDMA ASICs to QUALCOMM's subscriber terminal licensees and granted QUALCOMM a cross-license for CDMA ASICs under DSPC's patents. Under the new agreement, DSPC would continue to hold the royalty-bearing license as a wholly owned subsidiary of Intel and QUALCOMM would be extended licenses under certain of Intel's patents.
In addition, QUALCOMM and Intel have agreed to cooperate to explore opportunities to expand the market for CDMA through the promotion and adoption of CDMA wireless connectivity for use in data and multimedia communication services.
QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the company's CDMA digital technology. The company's major business areas include CDMA phones; integrated CDMA chipsets and system software; technology licensing; and satellite-based systems including OmniTRACS and portions of the Globalstar™ system. Headquartered in San Diego, Calif., QUALCOMM is included in the S&P 500 Index and is a 1999 FORTUNE 500 company traded on Nasdaq under the ticker symbol QCOM.
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