UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): | May 19, 2016 |
Pendrell Corporation
__________________________________________
(Exact name of registrant as specified in its charter)
Washington | 001-33008 | 98-0221142 |
_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
2300 Carillon Point, Kirkland, Washington | 98033 | |
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
Registrants telephone number, including area code: | (425) 278-7100 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
A subsidiary of Pendrell Corporation entered into a patent license agreement with Toshiba Corporation covering embedded memory and secure digital technologies, effective May 19, 2016. Pendrell issued a press release announcing the license agreement, a copy of which is attached.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1 Press Release issued by Pendrell Corporation dated May 20, 2016.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Pendrell Corporation | ||||
May 20, 2016 | By: |
/s/ Timothy M. Dozois
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Name: Timothy M. Dozois | ||||
Title: Corporate Counsel and Corporate Secretary |
Exhibit Index
Exhibit No. | Description | |
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99.1
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Press Release issued by Pendrell Corporation dated May 20, 2016. |
Exhibit 99.1
FOR IMMEDIATE RELEASE
PENDRELL SUBSIDIARY LICENSES MEMORY INVENTIONS TO TOSHIBA CORPORATION
Kirkland, WA. (Business Wire) May 20, 2016 Pendrell Corporation (NASDAQ: PCO) announced today that its subsidiary Memory Technologies LLC (MTL) entered into a patent license agreement with Toshiba Corporation covering embedded memory technologies and secure digital memory cards. The license agreement enables Toshibas use of standards essential and implementation inventions.
We are very pleased to enter into this agreement with Toshiba Corporation, which is a recognized pioneer in the memory technology space, commented Mario Obeidat, vice president of licensing for Pendrell. This license agreement with Toshiba, which follows license agreements with other industry leaders such as Samsung and SK hynix, further validates the essential nature of our memory technologies, our leadership in the development of breakthrough next-generation memory solutions, and our commitment to entering into licenses on reasonable and non-discriminatory terms.
ABOUT TOSHIBA CORPORATION
Toshiba Corporation, a Fortune Global 500 company, channels world-class capabilities in advanced electronic and electrical product and systems into three focus business fields: Energy that sustains everyday life, that is cleaner and safer; Infrastructure that sustains quality of life; and Storage that sustains the advanced information society. Guided by the principles of The Basic Commitment of the Toshiba Group, Committed to People, Committed to the Future, Toshiba promotes global operations and is contributing to the realization of a world where generations to come can live better lives.
Founded in Tokyo in 1875, todays Toshiba is at the heart of a global network of 550 consolidated companies employing 188,000 people worldwide, with annual sales surpassing 5.7 trillion yen (US$50 billion). (As of March 31, 2016.)
To find out more about Toshiba, visit www.toshiba.co.jp/index.htm
ABOUT MTL
MTL is a wholly owned subsidiary of Pendrell Corporation (NASDAQ: PCO). With its Finnish sister company, Helsinki Memory Technologies, MTL is on the forefront of developing memory solutions that address the increasing demand for higher memory capacity, cost efficiency, ease of implementation and suitability for applications across a wide range of consumer electronics devices. For more information, visit www.helsinkimemorytech.com.
For more information about Pendrell, visit www.pendrell.com.
Contact:
Laurie Blain
Pendrell Corporation
425-278-7140
laurie.blain@pendrell.com