By: Sarah Fitzpatrick | 26th Apr 2011: 2:29pm
ÂGoogle is reported to have mad a bid of NIS 7 million (US$2 million) to buy up the patent portfolio held by the failed Israeli phone manufacturer, Modu.
Google submitted the offer to the Tel Aviv District Court, which is handling modu's liquidation. Google's bid has beaten the NIS 5 million made by Kensington Technology Corporation in late March.
Google has been stepping up its efforts to buy wireless telecoms patents as a defensive move against being sued over the Android smartphone platform, and although a tiny amount compared to the US$900 million bid for a block of Nortel patents, the portfolio comprises over 100 patents.
The patents are the key asset held by the bankrupt handset manufacturer, which had attempted to develop a modular based phone, which while garnering widespread admiration, was never successfully commercialized.
On the web: Globes
http://www.cellular-news.com/story/48899.php
| 