Last $1.53 USD
Change Today +0.06 / 4.08%
Volume 230.7K
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As of 8:10 PM 08/1/14 All times are local (Market data is delayed by at least 15 minutes).

pendrell corp (PCO) Snapshot

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52 Week High
08/2/13 - $2.47
52 Week Low
05/5/14 - $1.15
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pendrell corp (PCO) Details

Pendrell Corporation, through its subsidiaries, invests in, acquires, and develops businesses with unique technologies that are protected by intellectual property rights in the United States. The company is involved in the development of Provitro proprietary micro-propagation technology that is designed to facilitate the production of various commercial plants; and provision of IP advisory and consulting services to technology companies. It also operates as inventor and developer of digital rights management patents and content distribution technologies, which are designed to facilitate the creation of products and security solutions that guard unauthorized duplication and use of digital content. In addition, the company is involved in the management of four IP licensing programs comprising digital media, digital cinema, wireless technologies, and memory and storage technologies. Its digital media licensees include manufacturers, distributors, and providers of consumer products; and digital cinema licensees comprise distributors and exhibitors of digital content, including motion picture producers, motion picture distributors, and equipment vendors. The company’s wireless technologies licensees consist of wireless device companies; and manufacturers and distributors of handsets, tablets, laptops, and other connected devices. Its memory and storage technologies licensees comprise flash memory component suppliers, solid state disk manufacturers, and device vendors. Further, Pendrell Corporation provides IP valuation services; and analysis and strategic advices, including IP portfolio development, strategic assessment of IP assets, IP landscape analysis, and risk mitigation strategies to third parties. The company was formerly known as ICO Global Communications (Holdings) Limited and changed its name to Pendrell Corporation in July 2011. Pendrell Corporation was founded in 1995 and is headquartered in Kirkland, Washington.

73 Employees
Last Reported Date: 03/11/14
Founded in 1995

pendrell corp (PCO) Top Compensated Officers

Chief Executive officer, President, Director ...
Total Annual Compensation: $770.6K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $283.8K
Chief Strategy Officer, Executive Vice Presid...
Total Annual Compensation: $411.0K
Compensation as of Fiscal Year 2013.

pendrell corp (PCO) Key Developments

Pendrell Corporation Announces Auditor Changes

On May 28, 2014, Pendrell Corporation dismissed Deloitte & Touche LLP as the company's independent registered public accounting firm. The company, also on May 28, 2014, engaged Grant Thornton LLP as its new independent registered public accounting firm. The Audit Committee of the company's Board of Directors made the decision to dismiss Deloitte and engage Grant Thornton as the company's independent registered public accounting firm for the fiscal year ending December 31, 2014.

Pendrell Corporation, Annual General Meeting, Jun 13, 2014

Pendrell Corporation, Annual General Meeting, Jun 13, 2014., at 10:00 Eastern Daylight. Location: The Woodmark Hotel. Agenda: To elect eight directors; to participate in an advisory vote to approve executive officer compensation; and to conduct any other business properly brought before the meeting.

Pendrell Corporation Appoints Lee E. Mikles to the Board of Directors

On April 10, 2014, Lee E. Mikles was appointed to the Board of Directors of Pendrell Corporation. The Board has determined that Mr. Mikles is an independent director within the meaning of the Nasdaq listing standards. Following Mr. Mikles' appointment, the Board consists of nine directors. The Board also appointed Mr. Mikles to serve as a member of the Audit Committee of the Board. Mr. Mikles has served as president and director of FutureFuel Corp., since 2005, and served as its Chief Executive Officer from 2005 to January 2013. Mr. Mikles also served as the principal financial officer of FutureFuel Corp. from 2005 to January 2008. Mr. Mikles currently serves on the board of directors of Boss Holdings Inc.


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