In order to acquire more patents, Wall Street Journal is reporting Google is in talks with InterDigital regarding an acquisition. In past weeks, Google lost the bidding war against Nortel, which would of landed the company numerous amounts of patents. Currently, Google has a small portfolio of patents which could lead to lawsuits over Android. For Google, the only logical thing is to acquire more. As CNet notes:
“We continue to be optimistic about the prospects for the company under its current business plan,” Terry Clontz, InterDigital’s chairman, said in a statement. “That said, over the past year we have seen the value of intellectual property rise substantially as major players in the mobile industry increasingly understand the strategic and economic value of this type of asset.”
As of now these talks with InterDigital are preliminary and no price has been set. Apple is also rumored to be involved.
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