ContentGuard, acquired in partnership with Time Warner in 2011, pioneered the development of digital rights management (DRM) technologies. ContentGuard has developed an industry-leading DRM intellectual property portfolio, with more than 300 patents worldwide. ContentGuard currently has licensing agreements in place with leading technology companies, including Casio, Fujitsu, Hitachi, LG Electronics, Microsoft, NEC, Nokia, Panasonic, Pantech, Sanyo, Sharp, Sony, Technicolor, Time Warner, Toshiba, and Xerox.
In March 2013, Pendrell entered into an innovative transaction with Nokia to acquire, commercialize and continue research on foundational storage and memory IP through its wholly-owned subsidiaries, Helsinki Memory Technologies (HMT) and Memory Technologies LLC. Led by the former head of Nokia's storage and memory R&D program, HMT is building upon fifteen years of groundbreaking research and development efforts begun by Nokia in this field. We have entered into three license agreements for our memory assets since the beginning of 2014.