Friday, August 26, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
NHK Join Forces With Panasonic And Sony To Win The 8K TV Race
Intel Introduces New 3D NAND SSDs
Facebook To Use Personal Data From WhatsApp To Bring You Personalized Ads
Amazon Introduces Car Research Portal
Google Uses Artificial Intelligence To Compress Images
Researchers Make Wi-fi Networks Faster And Stronger
Apple Weighs iPhone Video Editing App
Mozilla is Fighting To Reform The EU Copyright Law
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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 Virtual Reality-ready IdeaPad Y910 Strikes Hard
New Security Flaw Found in Lenovo PCs
Lenovo to Adopt Movidius VPU Technology for VR Products
Lenovo Reports Full-year loss On Low PC And Motorola Phones
Lenovo Releases The Moto G4, Moto G4 Plus And Moto G Play Smartphones
Lenovo Became Top Notebook Brand in First Quarter
Lenovo Tranforms To Focus On Enterprise, Mobility, And PC
Lenovo and Juniper Networks Partner On The Development of Data Center Solutions
Lenovo Launches New Windows 10 Tablet, YOGA Laptops, And TAB3 Mobile Devices
Qualcomm and Lenovo Sign 3G/4G China Patent License Agreement
Lenovo Reports Profit in Q3 Despite Revenue Slump
Lenovo and Google To Develop Next Project Tango Device

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .