Google’s Acquisition Of Motorola Expected To Close Next Week
The Wall Street Journal is reporting that Google’s acquisition of Motorola Mobility is expected to close next week. This deal is just pending approval from the Justice Department. Google will gain access to 17,000 additional patents through the acquisition, which is already being used to sue Apple for 2.25% of sales royalties.
Antitrust enforcers in the U.S. and Europe are still concerned about Google’s commitment to license Motorola patents to competitors on fair terms and they will closely monitor the way that Google will be using the patents. Google said that they will honor Motorola Mobility’s existing essential patent licensing commitments and grant new ones going forward with a “a maximum per-unit royalty of 2.25 percent.” That just so happens to be the exact same number they are suing Apple for.
The Justice Department is also expected to soon clear a second tech patent deal raising antitrust concerns in the smartphone industry. A consortium of technology companies like Apple, Microsoft, and RIM will be acquiring patents from the bankrupt Nortel Networks telecom equipment company.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry