Last $1.47 USD
Change Today -0.04 / -2.65%
Volume 380.3K
PCO On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 07/31/14 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
Back to Snapshot
Company Description

Contact Info

2300 Carillon Point

Kirkland, WA 98033

United States

Phone: 425-278-7100

Fax:

Pendrell Corporation, together with its subsidiaries, invests, acquires, and develops businesses with technologies that are protected by intellectual property (IP) rights. The company evaluates its existing investments to determine whether retention or disposition is appropriate, and frequently investigate new investment and business acquisition opportunities. The company also advises clients on various IP strategies and transactions. Licensing Programs The company manages four IP licensing programs, including digital media, digital cinema, wireless technologies, and memory and storage technologies. The company’s digital media program is supported by patents and patent applications designed to protect against unauthorized duplication and use of digital content that is transferred from a source to one or more electronic devices. The company’s digital media licensees include manufacturers, distributors and providers of consumer products, including Casio Hitachi Mobile Communications, Fujitsu, LG Electronics, Microsoft Corporation, Nokia Corporation (Nokia), Panasonic, Pantech, Sharp, Sony, Toshiba, Technicolor, S.A., Time Warner, and Xerox Corporation. The company’s digital cinema program is supported by patents and patent applications designed to protect against unauthorized creation, duplication and use of digital cinema content that is authored and distributed to movie theaters. Potential digital cinema licensees include distributors and exhibitors of digital content, including motion picture producers, motion picture distributors and equipment vendors. The company’s wireless technologies program is supported by approximately 1,300 U.S. and foreign patents and patent applications, many of which enable key functionality in cellular and digital wireless devices and infrastructure. Main technologies covered include 3G, 4G, Bluetooth, Wi-Fi, and NFC technologies. Potential licensees include suppliers, manufacturers, distributors, and providers of wireless devices and infrastructure, including manufacturers and distributors of handsets, tablets, laptops, and other connected devices. The company’s memory and storage technologies program is supported by approximately 125 patents and patent applications acquired from Nokia in March 2013, of which 81 have been declared by Nokia to be essential to standards that are applicable to memory and storage technologies used in electronic devices. These patents cover embedded memory components and storage subsystems. Potential licensees include flash memory component suppliers, solid state disk manufacturers and device vendors. The company’s subsidiaries held approximately 1,600 patents, as of December 31, 2013, with expiration dates ranging from 2014 to 2035, and with an average life of approximately 10 years. The company’s IP revenue generation activities are not limited to licensing and litigation. The company provides IP valuation services, analysis and strategic advice to third parties, including IP portfolio development, strategic assessment of IP assets, IP landscape analysis and risk mitigation strategies. Product Development Activities Through its subsidiaries, the company develops new solutions to complex problems, including the development of products that commercialize its IP rights. In December 2013, through its ContentGuard Holdings, Inc. (ContentGuard) subsidiary, the company launched a digital content protection application for mobile device users, the functionality of which the company intends to expand throughout 2014. Business Strategy The company’s strategy includes acquiring and growing companies that have developed or acquired unique, innovative technologies that can be licensed to third parties. The company also regularly explores acquisition and investment opportunities that are unrelated to its existing businesses. History Pendrell Corporation was founded in 1995. The company was formerly known as ICO Global Communications (Holdings) Limited and changed its name to Pendrell Corporation in 2011.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PCO:US $1.47 USD -0.04

PCO Competitors

Market data is delayed at least 15 minutes.

Company Last Change
CopyTele Inc $0.26 USD 0.00
Finjan Holdings Inc $3.65 USD +0.2278
Unwired Planet Inc $2.00 USD 0.00
Vringo Inc $3.26 USD -0.13
Wi-Lan Inc C$3.50 CAD -0.01
View Industry Companies
 

Industry Analysis

PCO

Industry Average

Valuation PCO Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 9.9x
Price/Book 1.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 5.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PENDRELL CORP, please visit www.pendrell.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.