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