Saturday, July 04, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Minecraft Windows 10 Edition Beta Revealed
U.S. In Running out Of IP Addresses
Uber Suspends UberPOP in France
Casio To Enter The Smartwatch Market
GELID Has A new Low-profile CPU Cooler for Intel LGA115x
Sharp Plans to Release Transparent LCDs
ARCHOS Unveils the ARCHOS 50d Helium
July 29 Won't Be The Day You'll Get Your Windows 10 Upgrade
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Mobiles > Lenovo ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, March 21, 2014
Lenovo Buys Mobile-related Patents From Unwired Planet


Lenovo has agreed to purchase a portfolio of patents from Unwired Planet and to take a term-based license to Unwired Planet's patent portfolio.

The aggregate consideration for the combined transaction is $100 million payable in cash.

The patent purchase consists of 21 patent families owned by Unwired Planet, including patents for 3G and LTE mobile technologies and other important mobility patents.

"This investment is an extension of Lenovo's existing intellectual property portfolio," said Jay Clemens, General Counsel of Lenovo. "It will serve the company well as we grow and develop our worldwide smartphone and mobile PC Plus business in new markets."

Under the terms of the agreement, Lenovo is licensed to Unwired Planet's intellectual property portfolio for a number of years, covering standard essential, implementation, and application layer technology for mobile devices. Following the transaction, Unwired Planet's portfolio will consist of approximately 2,500 issued and pending US and foreign patents.

The transaction is expected to close in 30 days.

Lenovo is is aiming to becoming a major vendor of mobile phones. Already, the company ranks as one of the biggest smartphone vendors in China.

In January, the Chinese company announced it planned to buy Motorola Mobility from Google for $2.9 billion.




Previous
Next
Samsung To Preview of Galaxy S5 and Gear Devices Prior to Launch        All News        MtGox Finds 200,000 "missing" Bitcoins
Samsung To Preview of Galaxy S5 and Gear Devices Prior to Launch     Mobiles News      Amazon's Smartphone To Come With 6 Cameras: analyst

Get RSS feed Easy Print E-Mail this Message

Related News
New Lenovo ideacentre Stick 300 Brings Windows To Your Pocket
Lenovo Outlines Its Vision For Future Connected Devices at Global Tech World Conference
Lenovo Unveils new Budget-friendly Laptops
Lenovo Delivers Solid Fourth Quarter and Full Year Results
MSI Denies Lenovo Buyout Report
Lenovo May Buy MSI Gaming Notebook Business: report
Lenovo Launches ThinkCentre Chromebox For Students and Entrepreneurs
Lenovo Develops Camera Smartphone Crossover Device
MWC: New Tablets By Lenovo
Lenovo Offers Free McAfee LiveSafe Following Superfish Security Concerns
Lenovo Website Breached In The Wake Of The Superfish Case
Lenovo Installed Adware on Laptops: report

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .