chartist1: Not that I'm a guru but, your first question there is as old as the beginning of time around here. Your second question is right behind the first...old as the dirt in the corners of this chatroom.
Definitely MSFT knows of NeoMedia and their patents since I've been around here. The Great PP himself introduced them. Can't definitively say about Google.
No reason for a buyout whatsoever at this point especially once (yes, I said once) Neustar is officially announced to be the way in/out of the MBM.
"Pedestrian management"? "Low-key", yes. "Pedestrian", no.
Regarding their your statement, "technology siting on their shelf gathering dust". Ever hear of the phrase, "Don't put the cart in front of the horse", that's exactly what we have there. Their technology, if you haven't noticed, relied on two major things occurring first: 1) wide-spread proliferation of cell phones w/ cameras and, 2) wide-spread uptake by the consumers of wireless data plans. I'm surprised that didn't occur to you. If you think they could've seriously had wide spread uptake on their technology before those two things occurred, please enlighten us all.
If you try really really hard, chartist1, I'm sure you can come w/ some more creative and original "brutally sober" questions.
lns