InterDigital Inc. has initiated a legal action against The Walt Disney Company, seeking a monetary award of $118 million. The patent holding company filed the lawsuit in the U.S. District Court for the Eastern District of Virginia.
The filing alleges that Disney has infringed upon InterDigital's intellectual property rights. The specific nature of the patents involved and the exact nature of the alleged infringement were not detailed in the provided text.
InterDigital, which trades on the NASDAQ under the ticker IDCC, is pursuing this claim as part of a broader dispute regarding its patent portfolio. The company is known for licensing its wireless technology patents to major telecommunications and consumer electronics manufacturers.
