Compare Gadgets Vs. Compare

Google continues to load up on patents, purchases Magnolia Broadband's portfolio

Google continues to load up on patents, purchases Magnolia Broadband's portfolio Created by MG1 on Jun 05, 2012

When Google acquired Android years ago, they clearly did not anticipate the patent war that would result from their successful move to being a mobile platform provider. In retrospect it seems obvious that this would happen, as Google’s relative corporate youth meant it lacked a strong patent portfolio it could leverage to negotiate legal cease-fires. The result has been a yearlong patent buying spree of epic proportions.
Their most recent acquisition is from Magnolia Broadband, which apparently sold its entire patent portfolio to El Goog for a wad o' cash of undisclosed dimensions. The deal was made public by Mooreland Partners, the financial firm that advised Magnolia on the deal. Their bri... »read more

More at: Phone Arena Add additional source

Filed in: Google

Post your comment

Want to post a comment? Only registered users can post, please log in or register.