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<p>This week, InterDigital partner Avanci, a licensing platform focused on IoT and the connected car market, announced a new patent licensing agreement with Volvo Cars. After similar deals with a variety of carmakers including Volkswagen, Porsche, BMW, and others, the new announcement shows the great momentum that this transparent, simple licensing solution is generating.</p>
<p>As a founding member of Avanci since 2016, InterDigital joins industry leaders in making its portfolio of 3G and 4G standards-essential patents available to innovators and manufacturers across the IoT ecosystem through a simple, one-stop solution.</p>
<p>Avanci&rsquo;s agreement with Volvo Cars brings new opportunities to the connected car ecosystem and raises the number of auto brands licensed through the marketplace to 14. In return, Volvo Cars will receive licenses to the 2G, 3G, and 4G essential patents licensed by InterDigital and Avanci&rsquo;s 35 other marketplace participants, as well as future contributors.</p>
<p>Congrats, Avanci!</p>
<p><a title="https://www.businesswire.com/news/home/20191202005918/en/Avanci-Announces-New-Patent-License-Agreement-Volvo" href="https://www.businesswire.com/news/home/20191202005918/en/Avanci-Announces-New-Patent-License-Agreement-Volvo">https://www.businesswire.com/news/home/20191202005918/en/Avanci-Announces-New-Patent-License-Agreement-Volvo</a></p>