HOBOKEN, NJ — Stevens Institute of Technology announced that its Technogenesis® spin-out company, Attila Technologies, LLC, has entered into a multi-faceted collaboration with InterDigital Communications, LLC, a wholly-owned subsidiary of InterDigital, Inc. Under the agreement, InterDigital® has provided an undisclosed capital infusion and acquired a minority position in Attila. In addition, the companies will collaborate on the development and marketing of bandwidth aggregation technologies and related multi-network innovations.
"Attila is a prime example of how Stevens' engineering excellence and commitment to entrepreneurship can directly benefit society," said Malcolm Kahn, Stevens' Vice President of Enterprise Development and Licensing. "The Technogenesis program at Stevens has a history of creating breakthrough technology that is turned into practical solutions by world-class teams of science and business people."
In today's wireless world, network and equipment providers are seeing an unprecedented growth in wireless data usage, mostly driven by the rapid penetration of smart phones, a clear shift towards cloud-based solutions requiring more resources and the ever-evolving internet toward dynamic applications. At the same time, users are becoming more reliant on wireless devices and expect their Internet experience to meet bandwidth, availability, and reliability that approach wired connections.
" Attila's software is designed to meet this ever-growing need for bandwidth, ubiquity and reliability by simultaneously and dynamically leveraging the individual capabilities of existing wireless networks to create an always-on, uninterrupted connection for mobile users, providing the best level of service, anywhere, anytime" said Nicolas Girard, Attila's President and Chief Operating Officer. Frank Ianna, Attila's Chief Executive Officer, added, "We are very excited about our collaboration with InterDigital, which will help promote this innovative technology to the mobile wireless industry and provide Attila with added depth and market access."
Under the agreement, InterDigital has acquired a minority stake in Attila and a seat on its board of directors. InterDigital also made an additional investment in specified technology development programs. The companies will jointly demonstrate their bandwidth aggregation capabilities on live networks at the 2010 Mobile World Congress in Barcelona.
About Attila Technologies & Stevens Institute of Technology
Attila Technologies, LLC is a start-up company developed under the Technogenesis program for entrepreneurship at the Stevens Institute of Technology. The company was spun-out of Stevens in 2004 and has been supported by funding from both Stevens and private investors.
About InterDigital
InterDigital designs, develops and provides advanced wireless technologies and products that drive voice and data communications. InterDigital is a leading contributor to the global wireless standards and holds a strong portfolio of patented technologies that it licenses to manufacturers of 2G, 2.5G, 3G, and 802 products worldwide.
Stevens is a registered trademark of Stevens Institute of Technology. InterDigital is a registered trademark of InterDigital, Inc.
For more information, please call
Attila Contact:
Frank Lauria
Email: info@attila-tech.com
+1 -8777-ATTILA
www.attila-tech.com
About Stevens Institute of Technology
Founded in 1870, Stevens Institute of Technology is one of the leading technological universities in the world dedicated to learning and research. Through its broad-based curricula, nurturing of creative inventiveness, and cross disciplinary research, the Institute is at the forefront of global challenges in engineering, science, and technology management. Partnerships and collaboration between, and among, business, industry, government and other universities contribute to the enriched environment of the Institute. A new model for technology commercialization in academe, known as Technogenesis®, involves external partners in launching business enterprises to create broad opportunities and shared value. Stevens offers baccalaureates, master's and doctoral degrees in engineering, science, computer science and management, in addition to a baccalaureate degree in the humanities and liberal arts, and in business and technology. The university has a total enrollment of 2,150 undergraduate and 3,500 graduate students with about 250 full-time faculty. Stevens' graduate programs have attracted international participation from China, India, Southeast Asia, Europe and Latin America. Additional information may be obtained from its web page at www.stevens.edu.
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