Last month, it was reported that Apple and Google were considering bidding to acquire mobile technology firm InterDigital, primarily for the firm's portfolio of over 8,800 patents and 9,700 pending patent applications. InterDigital had decided to explore potential strategic moves for itself, including potential sale of the company, and the company had drawn significant interest due to the current landscape of patent disputes in the mobile industry.

interdigital logo
With Google on Monday announcing its intent to acquire Motorola Mobility, a move which will add 17,000 patents and another 7,500 pending patent applications to Google's portfolio, InterDigital's stock dropped 20% due to Google presumably dropping out of the bidding and general fears that the patent arms race might subside as the major players fill out their portfolios to keep each other at bay.

But Reuters reports that Apple is indeed still interested in InterDigital, and is considering making a bid to acquire the company. Other firms said to be interested in InterDigital include Nokia and Qualcomm.

Apple Inc (AAPL.O), Nokia (NOK1V.HE) and Qualcomm Inc (QCOM.O) are among several telecom and technology companies weighing bids for InterDigital Inc (IDCC.O), which specializes in wireless communications technologies, sources familiar with the situation said.

InterDigital is up for sale and is forging ahead with its auction despite a setback on Monday when Google Inc (GOOG.O), one of the key potential bidders, struck another deal.

The report notes that Google has not formally withdrawn from the InterDigital auction, although it is unclear whether it will participate in the bidding after committing $12.5 billion to the Motorola Mobility purchase.

Update: Reuters has posted an updated version of the article, noting that the auction of InterDigital has been postponed from next week until after Labor Day, which pushes it into early September at the earliest. Potential first-round bidders have reportedly been asking for more time to conduct due diligence on the company, accounting for the delay, but InterDigital is said to be hoping to accelerate the second round of the auction in order to keep moving forward in a timely manner.

Tag: Reuters

Top Rated Comments

Torrijos Avatar
150 months ago
Apple has a track record of suing others for patent infringement to reduce competition, Google doesn't.
Really? :D
To reduce competition... :eek:

It has nothing to do with Apple defending innovations they brought to consumers after years of R&D, that, the then moribund company, spent lot of cash on.

This is actually what patents were created for...
So companies would invest in R&D to improve the current state of technology, then release new products that others companies (you know the ones that were trying to sell you 80x80 monochromes phones a couple of years ago, or the ones that felt that a blackberry "open source" clone was the future of mobile phones) would end up copying. Patents forcing them to license the patented innovations so the company that did the hard work (:apple:) could reap what they sowed.
Score: 1 Votes (Like | Disagree)
rdowns Avatar
150 months ago
Apple has a track record of suing others for patent infringement to reduce competition, Google doesn't.


So Apple is wrong because they are playing the game and defending their patents?

Google doesn't have many patents for their Android business. Instead, they use their windfall profits in search/advertising to try and crush other companies businesses as they try to find alternate revenue streams.
Score: 1 Votes (Like | Disagree)
Brad L Avatar
150 months ago
Damn, I sold this stock about 6 years ago :(
Score: 1 Votes (Like | Disagree)
TMay Avatar
150 months ago
Apple's pimping Google again

And that makes Oracle and MS chuckle. Samsung looks with envy.

Apple or MS will buy this just so Google will go all crazy and throw another $12B on a bad investment.

You know, like Motorola.

Desperation.

It's what happens when a Company doesn't have a strategic plan for the future other than "more advertising please".
Score: 1 Votes (Like | Disagree)
Jibbajabba Avatar
150 months ago
Wow. You actually welcome Apple spending money on law suits instead of products?



Do you not see his emoticon? It was sarcastic.

^^ that ;)
Score: 1 Votes (Like | Disagree)
Ulf1103 Avatar
150 months ago
They are buying up patents so they can sue competitors instead of competing against them with better products so I'd say it would be negative for product development.

Yes, but if Apple don't buy it, and Google does, Google will probably use it against Apple right? Or not? :confused:
Score: 1 Votes (Like | Disagree)

Popular Stories

dewey airtag

Report Highlights Danger of Using AirTags for Tracking Dogs

Monday January 30, 2023 1:45 pm PST by
AirTags may be a convenient way for tracking dogs that might get off leash or otherwise lost, but there are dangers associated with the practice, as outlined by a report from The Wall Street Journal. At 1.26 inches in diameter, AirTags are able to fit easily on a dog's collar, but that size also makes the tracking devices small enough to swallow, at least for a medium to large-sized dog, and ...
Multi Display CarPlay 1

Apple Launching All-New CarPlay Experience Later This Year With These 5 Features

Sunday January 29, 2023 10:15 am PST by
In June 2022, Apple previewed the next generation of CarPlay, promising deeper integration with vehicle functions like A/C and FM radio, support for multiple displays across the dashboard, personalization options, and more. Apple says the first vehicles with support for the next-generation CarPlay experience will be announced in late 2023, with committed automakers including Acura, Audi,...
General iOS 16 Feature Yellow

Five New iOS Features Coming to Your iPhone Later This Year

Tuesday January 31, 2023 11:58 am PST by
Apple has previously announced several upcoming iOS features that are expected to be added to the iPhone this year. Some of the features could be introduced with iOS 16.4, which should enter beta testing soon, while others will arrive later in the year. Below, we have recapped five new iOS features that are expected to launch in 2023, such as an Apple Pay Later financing option for purchases ...
maxresdefault

Kuo: Apple to Release Foldable iPad With Carbon Fiber Kickstand in 2024

Monday January 30, 2023 12:55 am PST by
Apple will launch a foldable iPad with a carbon fiber kickstand sometime next year, according to analyst Ming-Chi Kuo. Subscribe to the MacRumors YouTube channel for more videos. In a series of tweets, Kuo said he expects an "all-new design foldable iPad" to be the next big product launch in the iPad lineup, with no other major iPad releases in the next nine to 12 months. The analyst said he...
Apple Silicon Teal Feature

The Next Big Apple Silicon Device May Not Be a Mac or iPad

Wednesday February 1, 2023 3:57 am PST by
Apple's next device with an Apple silicon chip may not be a Mac or an iPad, but rather an advanced external display, according to recent reports. The display, which is rumored to arrive this year, is expected to sit somewhere between the $1,599 Studio Display and the $4,999 Pro Display XDR – but more exact information about the device's positioning and price point is as yet unknown. While ...
MKBHD HomePod 2 White Ring Stain

New HomePod Can Still Stain Some Wooden Surfaces

Tuesday January 31, 2023 8:29 am PST by
When the original HomePod launched in 2018, it was discovered that the speaker can leave white rings on some wooden surfaces. Now, well-known YouTuber Marques Brownlee has confirmed that the issue persists to a lesser extent with the new HomePod. In a side-by-side test, he showed that the white second-generation HomePod left a white ring on the wooden surface that he placed the speaker on,...
tim cook data privacy day

Apple Violated U.S. Labor Laws With Anti-Leak Email

Monday January 30, 2023 3:43 pm PST by
Apple violated United States labor laws when it sent out an email warning employees about leaking confidential information about the company, the National Labor Relations Board (NLRB) said today in a ruling shared by Bloomberg. Rules that Apple has established around leaks "tend to interfere with, restrain or coerce employees" from the exercise of their rights under the National Labor...