WILMINGTON FINAL
With Bill Merrit after the meeting-
Q- Any chance the ITC will delay the decision on June 28th?
BM– Highly unlikely. They are required by statue to maintain a certain time
Schedule. They would have to file an application with the full commission to
do so.
Q.- After the INTEL sale, you said we had another potential one in the pipeline but
then stated that the market softened. What is the status?
BM- The part that has softened is the straight cash exchange for patents. Companies
are reluctant because it invites close regulatory scrutiny. The interest in our
patents remains at the same level as at the time of the Intel sale. They prefer
deals like our Sony deal which is not a naked cash transaction. Naturally they’re
more complex and require more time.
Opining on the Google/Motorola deal (not real clear on this)
Doing the math of 12B for patents doesn’t seem to make sense. Immediately after the deal, the patents were thrown under the bus at the ITC. Was that the intent all
along- a defensive strategy to protect it’s SEARCH capabilities so other companies couldn’t come after them? Maybe they were that smart – maybe they weren’t.
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