Showing posts with label Patents. Show all posts
Showing posts with label Patents. Show all posts

Saturday, July 30, 2011

Google has purchased 1,000 patents from IBM.

Google has purchased more than 1,000 patents from IBM in an effort to build up its intellectual property portfolio, possibly with an eye to fending off the increasing number of IP lawsuits the search giant faces from competitors such as Microsoft.
The 1,030 patents cover a wide range of technologies, including "the fabrication and architecture of memory and microprocessing chips," according to the blog SEO By The Sea, which first spotted the filings.
Google has said little about its motive behind the transaction. "Like many tech companies, at times we'll acquire patents that are relevant to our business needs. Bad software patent litigation is a wasteful war that no one will win," the company said in an emailed to InformationWeek. A Google spokesman declined to provide details about the price paid for the patents or the company's intent. IBM officials were not immediately available for comment.