Replies to post #323305 on InterDigital Inc (IDCC)

[vg_future]

AMCJAX, small correction. RIMM got part of Nortel patents. They are in the group (paid 700 mill) that won the bid.

-vg_future

[dndodd]

I think you need to re-read the press releases. RIMM is part of the consortium per what I have read.

After a multi-day auction, a consortium emerged as the winning bidder with a cash purchase price of US$4.5 billion. The consortium consists of Apple (AAPL), EMC (EMC), Ericsson (ERIC), Microsoft (MSFT), Research In Motion (RIMM) and Sony (SNE).

[warbil]

Agree AMC. In my excitement, I forgot to add some value for the bandwidth compression technology. That's worth another billion at least and I know Google will know how to both use it and market it to the public. That may even trump the royalty free exchange of the existing patent portfolio with the likes of Nokia, Samsung, LG, SE, Motorola and now Microsoft and Apple.

With no defensive patent strategy, Google will be shut out of the mobile market, at least profit wise. IDCC should quickly rise to the top of their list and Apple and Microsoft will surely run up the price to make sure Google pays top dollar. Let the fun begin. I'll take $150 right now.

[dmiller]

Google has about 40 Billion in cash on hand. Google could have easily outbid everyone else. I wonder why they didn't? What makes you think they would want to buy IDCC now? That would cost them at least the same amount of money they could have taken the Nortel patents for. What am I missing here?