Patent portfolio

According to a report from Reuters, Google issued a statement that a Wisconsin federal court has decided to dismiss Apple’s “patent lawsuit with prejudice.” The report explained this particular case was brought on by Apple in part to determine what the courts considered fair and reasonable licensing terms for the patent portfolio Google acquired when purchasing Motorola.

Google said in a statement that it is still interested in making a deal with Apple “at a reasonable and non-discriminatory rate in line with industry standards”:

“We’re pleased that the court has dismissed Apple’s lawsuit with prejudice,” a Google spokeswoman said in an emailed statement on Monday…”Motorola has long offered licensing to our extensive patent portfolio at a reasonable and non-discriminatory rate in line with industry standards,” Google said in its statement. “We remain interested in reaching an agreement with Apple.”

Reuters explained the case being dismissed with prejudice means it is officially over at the trial court level. However, Apple can still appeal:

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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.