Intel blows $375 million on 1,700 wireless patents from InterDigital

InterDigital, who does genuine research on wireless technology and then lives off the patent royalties, is going to sell roughly 1,700 patents to Intel for a cool $375 million. Said patents are “primarily related to 3G, LTE and 802.11 technologies.” Considering that Intel picked up Infineon’s wireless unit for $1.4 billion two years ago, it’s telling that Intel is blowing over a third of a billion dollars on what’s essentially legal documents. What’s the company going to do with all these patents? That’s a good question. Right now Intel is desperately trying to enter the mobile space. This month we saw an x86 based smartphone hit the market, but it was built by a company no one really cares ... »read more

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