InterDigital Inc (IDCC)

[The Count]

Is IDCC worth more than Nortel

Absolutely IMO. However Nortel may have gotten far more than they were worth due to the bidders getting carried away. After the Nortel auction IDCC and many others suddenly decided to put their patents up for sale. That indicates to me that the perception of IDCC and those others is that the price paid for the Nortel patents was above the value they bring. Now MMI has been bought, which I believe lessens Google's need for patents significantly. This means that supply is up, demand is down. So there may not be a bidding frenzy to try to keep patents away from others that I believe helped fuel the Nortel auction success.

I sincerely hope that there are buyers that see great value in IDCC's patents and engineers. However I don't think that we can necessarily use the Nortel auction price as a benchmark. It may have been inflated. IDCC needs a buyer that sees value to their business model - I don't think there are going to be bidders trying to stop others from getting the patents.