Wednesday, December 17, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
ICANN Targeted in Phishing Attack
BlackBerry Classic Makes Official Debut
LG, Samsung, To Dominate The TV Market in 2015
Renesas Develops 16nm FinFET SRAM
Sony Film Debut Canceled After Threats
New Nintendo Devices To Use 'free-form' LCDs
Sony Single-Lens OLED Display Module Turns Any Eyewear Into Smartglasses
Dutch Privacy Watchdog Probes Facebook
Active Discussions
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
 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
Lenovo Recalls Computer Power Cords Due to Fire and Burn Hazards
Lenovo Posts Second Quarter Profit
Motorola Becomes Part Of Lenovo
Lenovo Releases The 13-inch Windows YOGA Tablet 2
Lenovo Reveals Wearable Smartband
Lenovo Inrtoduces YOGA 3 Pro, YOGA Tablet 2, YOGA Tablet 2 Pro
Lenovo Set to Close Acquisition of IBM's x86 Server Business
Lenovo At IFA 2014
Lenovo Unveils New Lenovo Tablet and Gaming PC at IFA
Lenovo Expands Its ThinkCentre Range with Affordable Desktop PCs
U.S. Regulators Clear Sale Of IBM's Server Business to Lenovo
Lenovo Releases The 6-inch QHD Vibe Z2 Pro

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .