InterDigital Inc (IDCC)

[captainslog]

My sense is that IDCC was too expensive for Google. But at the same time IDCC hasn't proved its value, not commercially by licenses or by court wins.

So, IDCC value is not real, not yet. It's all nice that IDCC might be worth north of $450, but there is not a single license in place that would justify this price today.

So, IDCC, if bought by a Samsung is going to be worth far less than $450 unless IDCC can actually prove it's viability by court wins or licensing deals.

Would Google pay that much for IDCC without having some substantial, royalty bearing license in place. IDCC got a capped, fixed rate from Apple, which doesn't speak all that well for the real value of the IDCC patents.

My sense is that IDCC knows how much they think they are worth, but they haven't proved that to the market. It is disappointing that IDCC couldn't close Google.

Now, we are back to IDCC's other strategy, suing or signing IP licensing deals, which we all know hasn't been all that fruitful.

I really hope I am wrong. But it doesn't seem to me that there is a single major left that needs IDCC for defensive patents. That potential for capturing a competitive value for IDCC, short term, is now gone.

It would be cool to hear different. To see major news releases, some media that would keep things alive and advancing forward.

Now that Google posted its intentions, it seems to me that IDCC just lost every other compelling reason for a major to buy them.

IDCC MUST win some lawsuits or win some licensing deals . . . It was probably this lack of track record that made Google go after the bloated MM package.

I think Google shareholders would be even more disappointed to have gotten IDCC at a similar price, but with no proven track record to justify LTE or even 3G patents wins.