Google acquires Magnolia Broadband's patents
By Anna Andrianova
NEW YORK (MarketWatch)-- Google Inc. GOOG +0.63% paid an undisclosed sum to buy patents for Mobile Transmit Diversity (MTD)from Magnolia Broadband Inc., Magnolia said Monday in a statement. MTD helps to increase network capacity, expand coverage and improve transmission speed in mobile data usage. Google shares traded up 0.7% in the morning trade.