Intrinsyc Technologies, provider of solutions for development of connected devices, announced that it has signed a 3G/4G patent license agreement with Qualcomm. Under the terms of the agreement, Qualcomm has granted a royalty-bearing patent license, to develop, manufacture and sell embedded modules for use in complete terminals; including M2M, telematics, and IoT devices, but excluding telephones and tablets.
Intrinsyc’s initial product to take advantage of the new licensing arrangement is currently under development. The Open-Q 2500-M1 is a small footprint System on Module (SOM) designed for wearables and tracking applications. The SOM will be powered by the Qualcomm Snapdragon Wear 2500 platform and will include an integrated LTE modem.
Intrinsyc provides hardware, software, and engineering and production services that enable rapid commercialization of IoT products. Solutions span the development life cycle from concept to production and help device makers and technology suppliers create compelling differentiated products with faster time-to-market.
Intrinsyc’s Open-Q System on Modules incorporate Qualcomm Snapdragon processor technology, and helps OEMs to rapidly bring products, with key functionality and high performance, to market. Intrinsyc is publicly traded with its headquarters in Vancouver, BC, Canada, with additional engineering centers in Taipei, Taiwan, and Bangalore, India.
“We are excited to expand on our relationship with Qualcomm to develop innovative modules that will enable our clients to create intelligent connected IoT products,” said Tracy Rees, chief executive officer, Intrinsyc. “Intrinsyc has developed a compelling portfolio of embedded computing modules based on the Qualcomm Snapdragon processor technology for use in IoT devices such as wearables, cameras, robotics, telematics, and more. With this agreement we will be able to expand our product lineup to include modules that incorporate the industry’s leading cellular technology from Qualcomm.”
“We are pleased to sign a licensing agreement that expands on our long-standing relationship and enables Intrinsyc to create a broadened set of solutions for the Internet of Things and telematics markets,” said John Han, SVP and GM, Qualcomm Technology Licensing. “Qualcomm’s breakthrough technologies make ecosystems thrive, and we are proud to empower OEMs like Intrinsyc to compete, innovate and grow globally.”