Google (GOOG) Purchases Over 1K Patents From IBM (IBM) to Defend Android
Tweet Send to a Friend
Get Alerts GOOG Hot Sheet
Trade GOOG Now!
Bloomberg reports that Google (Nasdaq: GOOG) has recently purchased 1,023 patents from International Business Machines (NYSE: IBM) in hopes to protect its Android operating system. The company originally acquired the patents on August 17.
The 1023 patents from IBM will combine with the 17,000 from the Motorola Mobility Holdings (NYSE: MMI) acquisition to counter hostile lawsuits from companies such as Apple (Nasdaq: AAPL) and Microsoft (Nasdaq: MSFT).
Last month Google transferred nine patents that it acquired from Motorola and Openwave Systems (Nasdaq: OPWV) to HTC in an effort to protect the Android user from lawsuits by Apple.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
The 1023 patents from IBM will combine with the 17,000 from the Motorola Mobility Holdings (NYSE: MMI) acquisition to counter hostile lawsuits from companies such as Apple (Nasdaq: AAPL) and Microsoft (Nasdaq: MSFT).
Last month Google transferred nine patents that it acquired from Motorola and Openwave Systems (Nasdaq: OPWV) to HTC in an effort to protect the Android user from lawsuits by Apple.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Like Microsoft (MSFT) Xbox 360 Games? Don't Buy an Xbox One...
- Is Sony (SNE) Thinking Change or Being Polite?
- UPDATE: GameStop (GME) Slides Into Close
Create E-mail Alert Related Categories
Insiders' Blog, Mergers and AcquisitionsRelated Entities
Motorola Mobility/GoogleLogin with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!

