Pendrell Corporation (formerly NASDAQ:PCO, delisted Nov 2017[1]) is an intellectual property (IP) investment, advisory services and asset management firm. The company develops and implements strategies to acquire, commercialize, manage, divest and license IP. The company, formerly ICO Global Communications, is based in Kirkland, Washington.
In June, 2011, Pendrell acquired the Ovidian Group, an intellectual property strategic advisory services firm. In October, 2011, Pendrell acquired ContentGuard, a leading developer of digital rights management technologies with more than 260 patents. More than 50 percent of the world's handset manufacturers have licensing agreements in place with ContentGuard.[citation needed]