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.
