toggle

AAPL Stock: 109.27 ( -1.1 )

Printed from http://www.macnn.com

Google: Nearly half of Motorola value stems from patents

updated 02:47 pm EDT, Wed July 25, 2012

SEC filing shows $5.5 Bn of $12.4 Bn Moto price covered patents

Almost half of Motorola Mobility's value lies in its patents, according to Google's estimates. The search giant recently submitted a SEC filing claiming that $5.5 billion of the $12.4 billion price it paid for the mobile firm was attributed to "patents and developed technology." A further $2.9 billion went towards Motorola's cash reserves, $730 million on customer relationships, $630 million on net assets, and $2.6 billion for goodwill.

The purchase of Motorola Mobility was seen as a way for Google to directly control part of the Android hardware market, as well as to use the newly-increased patent portfolio to protect Android from infringement lawsuits. Motorola contributed $1.25 billion in revenue to Google's accounts for the second quarter, although it posted a $233 million operating loss for the period.

Motorola continues to fight long-running patent-infringement battles in court. Probably the most noteworthy, the Apple vs. Motorola suit presided over by Judge Richard A. Posner, has seen a number of arguments from the parties involved, although it was dismissed entirely after both sides failed to prove they had been materially injured. [via Wall Street Journal]




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

Blue Yeti Studio

Despite being very familiar with Blue Microphones' lower-end products -- we've long recommended the company's Snowball line of mics ...

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

toggle

Most Commented