Printed from http://www.electronista.com

Nvidia, Intellectual Ventures buy 500 wireless patents

updated 02:17 pm EDT, Mon May 14, 2012

IPWireless patents reach Intellectual Ventures and Nvidia

Nvidia and Intellectual Ventures have acquired a sizable patent portfolio from IPWireless. The list of pending and granted patents, totaling approximately 500, consists of wireless communications technologies including essential concepts in 3G, 4G, LTE, and LTE-Advanced. The purchase price of the patents bundle were not disclosed.

The acquisition closed on April 30, and the patent ownership will be split between Intellectual Ventures and Nvidia. Each company automatically receives licenses for patents the other party received, while IPWireless continues to retain royalty-free access to the sold patents.

Intellectual Ventures, formed by ex-Microsoft executive Nathan Myhrvold, has a history of legal action against companies infringing on its patent portfolio. In February it sued AT&T, Sprint, and T-Mobile, accusing the companies of failing to establish a licensing agreement before using a patented technique to exchange multimedia messages. The diverse portfolio has allowed the firm to constantly earn through license fee extraction rather than production, leading some critics to label it as a patent troll.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Dell AD211 Bluetooth speaker

For all of the high-priced, over-engineered Bluetooth speakers in the electronics market, there is still room for mass-market solution ...

VisionTek 128GB USB Pocket SSD

USB flash drives dealt the death blow to both the floppy and Zip drives. While still faster than either of the old removable media, sp ...

Kodak PixPro SL10 Smart Lens Camera

Smartphone imagery still widely varies. Large Megapixel counts don't make for a good image, and the optics in some devices are lacking ...

Sponsor

toggle

Most Commented

 
toggle

Popular News