Competency in Human Resource to Ensure Good Result
According to Lawrence F. Shay, Executive Vice President, Intellectual Property, InterDigital (NASDAQ:IDCC), "we are excited to have someone of Don's caliber join InterDigital, given his substantial experience in all aspects of the licensing business with major technology players. The addition of Don is an important component in InterDigital's continuing efforts to pursue our licensing goals." IDCC, a well known research and development company, has recently employed Donald P. Dinella as Chief Licensing Officer. According to recent press release, Mr. Dinella, who also will serve as Chief Licensing Counsel, has most recently served as Chief IP Counsel & VP, IP Global Operations for Alcatel Lucent. Mr. Dinella has also held significant intellectual property positions at Lucent Technologies, Inc. and AT&T. Mr. Dinella will be responsible for the day to day licensing activities of the company's patent holding subsidiaries. Employing qualified as well as committed persons in the top position, especially in IP related company, carry good meaning and add more value. We know that IDCC has been designing and developing advanced technologies that enable and enhance wireless communications and capabilities. The company has been doing well in financial result and hopefully addend skill manpower will definitely add more figure in financial result. We know that the company has shown good growth in profit in 2012. It has generated revenues of $663.1 million in 2012, an increase of $361.4 million, or 120%, from 2011. The company is harmonizing itself to do business in the competitive situation where market players are Google, Apple, AOL, Microsoft, etc. Also the growing pees like Marathon Patent Group, Inc. (MARA), SPEX, MGT Capital Investment (MGT), are also arriving to play in the market. The change is in such a time when, the investors are enjoying the positive price hike of IDCC stock.