Lenovo buys mobile patents for $100 million from Unwired planet, mainly related to mobile technologies such as 3G and LTE

Source: Internet
Author: User
Keywords Lenovo Mobile technology buy
Tags company get lenovo mobile mobile field mobile patents mobile technology
Absrtact: 2.9 billion after buying Moto, Lenovo moved in the field of mobile, spending 100 million of dollars from the patent company Unwired Planet bought 21 patents, mainly with 3G, LTE and other mobile technology-related, payment method for cash, the fair in 30 days to complete. At the same time, Lenovo will get

2.9 billion after buying Moto, Lenovo in the mobile field and shot, spending 100 million of dollars from the patent company Unwired Planet bought 21 patents, mainly with 3G, LTE and other mobile technology related to the payment method for cash, the fair in 30 days to complete. At the same time, Lenovo will receive a multi-year mandate for the Unwired Planet Intellectual property portfolio, covering a wide range of areas such as mobile Equipment standard basic patents, installation patents and application-level technology.

Lenovo's move is intended to expand its intellectual property pool in the mobile field and lay a good foundation for the development of the mobile business. The last acquisition moto,google a number of mobile technology patents have been retained and not sold, Lenovo can only find another way.

Mobile domain about the Battle of patents is all kinds, in order to less in the future, the patent bought in advance. Companies such as Unwired Planet, who do not make products or services, just hold patents, and others make products, have sued them for infringement, before they have sued Apple and Samsung. Unwired planet's share price jumped 61% after news of Lenovo's takeover was announced.


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