Google in talks with InterDigital for buyout: report

Image
Press Trust of India New York
Last Updated : Jan 20 2013 | 2:22 AM IST

Internet search firm Google is in preliminary talks with InterDigital about a possible acquisition of the wireless technology developer and licencer, says a report.

The move would beef up Google's patent portfolio after it failed to acquire a trove of technology patents from Nortel Networks Corp.

"Google has had preliminary discussions with InterDigital about a possible acquisition of the wireless technology developer and licencer," The Wall Street Journal reported, citing a source.

Google, which owns the fast-growing Android operating system used in millions of mobile phones, has a thin portfolio of wireless and telecommunications patents. That makes the Internet search giant vulnerable to patent infringement lawsuits.

The report said that the acquisition of InterDigital's intellectual property could help insulate Google's Android franchise from a growing number of lawsuits against device makers such as Samsung Electronics, HTC and Motorola Mobility Holdings, which use its software to power their smartphones and tablet computers.

InterDigital owns and licences about 8,800 patents relating to transmission of wireless data, cancellation of noise interference during phone calls and other technologies for use in cellular phones and networks.

The daily said that Google and Interdigital have held discussions about a possible buyout, but financial advisers for InterDigital may approach a wide number of technology companies as part of the auction.

According to the publication, a spokesperson for InterDigital declined to comment on Google's interest, but said the company's patents and engineering and licencing capabilities could be of value to several potential buyers. A Google representative also declined comment on the issue.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 21 2011 | 2:30 PM IST

Next Story