IDG News Service - InterDigital on Tuesday said it was considering selling the company, and now the Wall Street Journal, citing unnamed sources, said Google is interested in scooping up the mobile chip technology developer.
An InterDigital acquisition could help Google bolster its patent holdings at a time when its Android mobile operating system is under heavy attack. Giants with far stronger patent positions than Google including Microsoft, Apple and Oracle are suing Google and Android phone makers for alleged patent infringement. With a stronger patent portfolio that the other companies might be required to rely on, Google could better defend Android.
In its Tuesday statement, InterDigital said it had hired financial advisers to help conduct a strategic review of the company, which could include a sale of the business. Over the past year, it has seen the value of intellectual property rise "substantially" as major mobile companies have begun to understand the value of such assets, it said in the statement.
It said it hasn't set a timetable for completing the review process and that it wouldn't comment further about it.
The Wall Street Journal wrote that InterDigital's decision to explore a sale was spurred by Google's interest in the company.
Google declined to comment for this story.
InterDigital has more than 8,000 patents and even more pending, it said. Its technology is used in mobile chips. The company claims to have contributed significantly to an early mobile digital cellular standard once used by AT&T and many others around the world. It has also contributed to more modern cellular technologies. Its licensing program had generated more than $1 billion by 2006, according to the company's website.
Acquiring such an extensive patent portfolio could make up for Google's loss of the Nortel patents. Google had bid on that valuable patent portfolio, which also could have helped it stave off competitors, but lost to a consortium of companies that included Apple, Microsoft and Research In Motion. Those companies paid $4.5 billion for the more than 6,000 patents, significantly more than the $900 million that Google had offered.
- Big Data, Big Mess: Sound Risk Intelligence Through Complete Context This paper examines the insecurity of the small businesses in the supply chain and offers tips to close those backdoors into the enterprise.
- Using Cyber Insurance and Cybercrime Data to Limit Your Business Risk This paper examines the challenges of understanding cyber risks, the importance of having the right cyber risk intelligence, and how to use this...
- 5 Tips to Secure Small Business Backdoors in the Enterprise Supply Chain This paper examines the insecurity of the small businesses in the supply chain and offers tips to close those backdoors into the enterprise.
- Confront consumerization with convergence Virtualization expert Elias Khnaser spotlights the security, compliance, and governance issues that arise when enterprise users "consumerize" with shadow IT and public cloud...
- NSS Labs & Cisco Present: Evaluating Leading Breach Detection Systems Today's constantly evolving advanced malware and APTs can evade point-in-time defenses to penetrate networks. Security professionals must evolve their strategy in lockstep to...
- Will the Real Endpoint Threat Detection and Response Please Stand Up? This webinar explores new technologies & process for protecting endpoints from advanced attackers as well as the innovations that are pushing the envelope... All Legal White Papers | Webcasts