InterDigital Inc (IDCC)

[ellismd]

The following from the GOOG Mot deal. I believe IDCC received such an off the table offer such as Mot and that is what lead them to formally announce retaining Evecore and Barclays. Also looking at the timeline it doesn't take long for a company to access the patents are maybe it does since it kinda looks like GOOG got hosed and really didn't know what they bought in terms of patents. One thing that I think is evident from the accounting of the Mot deal is the purchase of IDCC at a fair and reasonable rate based on the Mot deal might be very shocking if a deal goes through. It seems that the Mot deal was primarily based on the suppose strength of the patents but in retrospect the patents are numerous but not all that valuable.


On August 1, 2011, Google sent a letter to the Motorola Mobility Board of Directors proposing an acquisition of Motorola Mobility by Google for $30.00 in cash per share of Motorola Mobility common stock....On the same day, Motorola Mobility engaged Qatalyst Partners and Centerview as its financial advisors.