31.07.2018 08:00:30
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TECHNICOLOR: CLOSING OF THE SALE OF TECHNICOLOR'S PATENT LICENSING BUSINESS TO INTERDIGITAL
PRESS RELEASE
closing of the sale of Technicolor's Patent Licensing Business to InterDigital
Paris (France), 31 July 2018 - Technicolor (Euronext Paris: TCH; OTCQX: TCLRY) announces the closing of the sale to InterDigital (NASDAQ : IDCC) of its Patent Licensing business in accordance with the terms of the agreement of March 1st, 2018. This announcement follows satisfaction of all closing conditions.
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About Technicolor
Technicolor, a worldwide technology leader in the media and entertainment sector, is at the forefront of digital innovation. Our world class research and innovation laboratories enable us to lead the market in delivering advanced video services to content creators and distributors. Our commitment: supporting the delivery of exciting new experiences for consumers in theaters, homes and on-the-go.
www.technicolor.com - Follow us: @Technicolor - linkedin.com/company/technicolor
Technicolor shares are on Euronext Paris exchange (TCH) and traded in the USA on the OTCQX marketplace (OTCQX: TCLRY).
Investor Relations
Christophe Le Mignan : +33 1 41 86 58 83
christophe.lemignan@technicolor.com
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: TECHNICOLOR via Globenewswire
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