InterDigital (IDCC) says it's hired Evercore (EVR) and Barclays (BCS) to explore strategic...

|By:, SA News Editor

InterDigital (IDCC) says it's hired Evercore (EVR) and Barclays (BCS) to explore strategic alternatives, including a possible sale. The developer of wireless technologies has seen the value of its intellectual property rise substantially this year, as patent bidding wars over smartphone technology have put the company at center stage. Shares +29% premarket.