Apple and Google agree to dismiss all Lawsuits

frahse · 05-17-2014, 01:40 PM

Market Watch and the WSJ

By Daisuke Wakabayashi and Rolfe Winkler
Apple Inc. and Google Inc. agreed to dismiss all lawsuits between them, bringing to a close a patent dispute between the iPhone maker and the Web giant’s Motorola unit.

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frahse · 05-17-2014, 10:47 PM

---- added - I should have mentioned in the above that Lenovo is buying the Motorola unit from Google for 2.9 Billion dollars.

Kumabjorn · 05-17-2014, 10:56 PM

Kind of amazing that a company can lose $10 BN in value during such a short time span. Yes, I understand that the patents hold some value but 85% or so of the company's total value?

Graham · 05-18-2014, 01:31 AM

Quote:

Originally Posted by Kumabjorn

Kind of amazing that a company can lose $10 BN in value during such a short time span. Yes, I understand that the patents hold some value but 85% or so of the company's total value?

Google is only out of pocket by $3.2 billion even before taking stock of the value of the patents:

Quote:

When Google bought Motorola, the hardware maker had about $3 billion in cash on hand and nearly $1 billion in tax credits. So that brings the original deal’s price down to about $8.5 billion.

Then, Google sold Motorola’s set-top box business to Arris for nearly $2.4 billion. That lowers the price down to roughly $6.1 billion.

Now, Google is selling Motorola Mobility — primarily the handset business, along with a few patents — for $2.9 billion. So we’re at about $3.2 billion.

http://daringfireball.net/linked/201...oogle-motorola

It's difficult to assess the value of the patents, but they do bring the loss down even further.

Graham

05-17-2014, 01:40 PM	#1
frahse occasional author Posts: 2,314 Karma: 2064403292 Join Date: Sep 2011 Location: Wandering God's glorious hills, valleys and plains. Device: A Franklin BI (before Internet) was the first. I still have it.	Apple and Google agree to dismiss all Lawsuits Market Watch and the WSJ By Daisuke Wakabayashi and Rolfe Winkler Apple Inc. and Google Inc. agreed to dismiss all lawsuits between them, bringing to a close a patent dispute between the iPhone maker and the Web giant’s Motorola unit. See More Last edited by frahse; 05-17-2014 at 10:46 PM.

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05-17-2014, 10:47 PM	#2
frahse occasional author Posts: 2,314 Karma: 2064403292 Join Date: Sep 2011 Location: Wandering God's glorious hills, valleys and plains. Device: A Franklin BI (before Internet) was the first. I still have it.	---- added - I should have mentioned in the above that Lenovo is buying the Motorola unit from Google for 2.9 Billion dollars.

05-17-2014, 10:56 PM	#3
Kumabjorn Basculocolpic Posts: 4,356 Karma: 20181319 Join Date: Jul 2010 Location: Sweden Device: Kindle 3 WiFi, Kindle 4SO, Kindle for Android, Sony PRS-350 and PRS-T1	Kind of amazing that a company can lose $10 BN in value during such a short time span. Yes, I understand that the patents hold some value but 85% or so of the company's total value?

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