Wednesday, April 01, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Facebook Introduces Riff And Scrapbook
The White House Targets Cyber Attackers With New Sanctions Program
Uber Files Complaints Against Service Bans
Yahoo Autos Is Launching Today
GoDaddy Enters The Wall Street
Amazon Button for Instant Product Ordering
Sony To Sell Olympus Shares
Tech Industry Enjoys April Fools' Day
Active Discussions
how to copy and move data files to dvd-rw
cdrw trouble
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
 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 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
Lenovo Is Testing ARM-based Server
Lenovo Reports Strong Quarterly Revenue
Motorola Returns To The Chinese Market with Three New Phones
Lenovo Gets Back to School with New ThinkPad 11e Laptops
Lenovo Introduces New Smartphones And Mobile Accessories
Lenovo YOGA Tablet Family Debuts With AnyPen Technology, RealSense 3D Camera
Lenovo Unleashes Newest ThinkPad Portfolio At CES

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 .