toggle

AAPL Stock: 113.29 ( + 0.37 )

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

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 ...

Wren V5US Wireless Sound System

If you're a music fanatic, chances are you are, by extension, a bit fanatical about what you listen to your music on. If you're like ...

toggle

Most Commented