Lenovo Acquires Mobile Patents of Unwired Planet
Lenovo has paid $100 million to buy and license a portfolio of patents owned by Unwired Planet. Interestingly, among those 21 patent groups that were just acquired are the technologies that started 3G and LTE mobile technology. There are other mobility charters in the list.
In a statement, the Chinese PC maker’s general counsel Jay Clemens said the investment serves as an extension of the company’s existing portfolio for intellectual property. He added that this recent acquisition is expected to serve Lenovo well as it grows and develops its global smartphone and mobile PC Plus products especially in new markets.
Terms of the deal
Under the deal, Lenovo would obtain the license to the intellectual property portfolio of Unwired Planet for a specified number of years. It would cover essential, implementation, and application layer technology particularly for mobile devices. This transaction is set for completion within 30 days.
For its part, Unwired Planet released its own statement saying that it is pleased itself to have reached this agreement. It described Lenovo as among the world’s leading global technology firms. It added that it wishes its new partner continued success in the coming years.
Lenovo’s aggressive strategy
It seems that Lenovo is currently active in purchasing and making investments to improve its products and services. The deal with Unwired Planet came just a few weeks after the company acquired the Motorola Mobility smartphone unit of Google Inc for a whopping $2.91 billion.
It can also be recalled that earlier this year, Lenovo took an expansion of its Vibe device lineup through its first LTE-capable smartphone called the Vibe Z. It was launched along with several handsets: the S930, S650, and A859.
In February, Lenovo launched its update version of the Yoga 10 HD+ tablet during the Mobile World Congress held in Barcelona, Spain. The slate is shape-shifting, the first of its kind, that facilitates ‘multi-mode’ usage that is unique to the product.
Unwired Planet’s battles
Meanwhile, while Lenovo is continuously building up its brand, Unwired Planet has been getting more aggressive in fighting several companies. It has incurred several big-time enemies in the past years.
Among those are Apple Inc and Google Inc, which it sued in 2012. Unwired Planet was claiming that the two firms breached 20 of its patents that are related to cloud computing, smartphone devices, push notification technologies, digital content stores, and location-based services.