Aug 09

Vringo buys small Nokia patent portfolio as asset sell-off continues

Posted in: Today's Chili

Vringo buys Nokia wireless patent portfolio as asset selloff continues

Nokia’s sale of the century hour continues, selling off a small intellectual property portfolio to Vringo. The little-known app maker has snapped up a bundle of 500 patents and applications from the Finnish phone maker, including 109 issued US Patents. The collection mostly concerns backbone tech, including communication management, signal transmission and cellular infrastructure. Neither company mentioned a figure, but Vringo revealed that Nokia’s getting a chunk of any future profits made. There’s PR after the break if you’re curious enough to wonder if Stephen Elop’s planning the mobile phone equivalent of a yard sale.

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Vringo buys small Nokia patent portfolio as asset sell-off continues originally appeared on Engadget on Thu, 09 Aug 2012 09:44:00 EDT. Please see our terms for use of feeds.

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Jul 27

WSJ: Apple, Google reportedly in rival groups to buy Kodak patents

Posted in: Today's Chili

Kodachrome 200 film box

Kodak might be cleared to sell its patents, but it’s likely no fan of the companies lined up to make a deal. The Wall Street Journal‘s best friends, “people familiar with the matter,” assert that Apple and Google are part of separate coalitions hoping to buy the 1,100 patents up for grabs. Apple’s camp supposedly includes Microsoft and controversial patent holder Intellectual Ventures; Google’s team reads more like an Android Justice League, with HTC, LG, Samsung and “patent risk solutions” provider RPX all playing a part. Real or not, there’s still much that’s up in the air. Kodak’s not talking, and even the touted insiders warn both of new challengers and allegiances that could be in flux over the next few days. If there’s meat on this rumor bone, however, it could make the August 8th auction another patent war spectacle rather than a mere ticket back to solvency for Kodak. Break out the popcorn.

[Image credit: Pittaya Sroilong, Flickr]

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WSJ: Apple, Google reportedly in rival groups to buy Kodak patents originally appeared on Engadget on Fri, 27 Jul 2012 17:58:00 EDT. Please see our terms for use of feeds.

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