Lenovo Buys Mobile Patents from NEC
Published on: 7th Apr 2014
Note -- this news article is more than a year old.
China's Lenovo has purchased a portfolio of patents from NEC, to bolster its mobile technologies used in the Motorola Mobility division it recently agreed to buy from Google.
Financial terms were not disclosed.
The portfolio consists of more than 3,800 patent families filed in numerous countries around the world. The portfolio includes standard essential patents for 3G and LTE mobile technologies as well as patents that cover a broad range of features and technologies.
"A strong patent portfolio is a key element for success in the smartphone business. This investment strengthens Lenovo's existing intellectual property portfolio," said Ira Blumberg, vice president of Intellectual Property, Lenovo. "As Lenovo expands its mobile PC Plus business into new markets, this investment shows it is committed to having the IP we need for global success."
When Lenovo bought the Motorola Mobility division, it did not include the huge patents portfolio, which stayed with Google. That left the company scrambling to build up a patent collection of its own, as defence against the expected lawsuits that come from the ongoing tit-for-tat patent wars.