InterDigital Inc (IDCC)

[captainslog]

Yes, exactly, Why, and MMI has some pretty extensive legal actions against it from Microsoft and Apple. Very interesting, and it seem to me risky.

The best MMI handset is at number 8 in the marketplace. kind of seems like Google paid a big premium for MMI and inherited a lot of legal risks and huge overhead by way of 19,000 new employees. Very, very expensive upfront buy and ongoing drag on earnings seem just unbelievable to me.

I don't see Google wanting IDCC now. After 12.5 billion they are not likely to pay anywhere near 5 more billion for IDCC. Their shareholders must already be scratching their heads at this anchor of a acquisition. Huge purchase, huge bet, huge risks to Google for what seemed like a company that hasn't made many missteps in the past. Maybe Page isn't ready for the helm. Seems like an impetuous buy, unless they were otherwise 'forced' into it because other options were no longer available.