Google Inc (NASDAQ:GOOG) opens the gate of court war through a patent-wielding consortium poised of industry heavy-hitters with a court case looking for a judgment that neither Google nor any of its Android partners infringes on the group’s patents, according to the reports.
This moved starts dates back to 2011, while the latest chapter in a saga when Apple Inc. (NASDAQ:AAPL), BlackBerry Ltd (NASDAQ:BBRY), EMC, Ericsson, Microsoft, as well as Sony Corporation (ADR) (NYSE:SNE) teamed up to purchase the patent portfolio of unsuccessful telecoms vendor Nortel for $4.5 billion, beating out Google’s own $900 million proposal.
Later, that group emerged as Rockstar, as well as previous this year it started firing off court cases at Google as well as makers of Android devices comprising Samsung, HTC, Asus, LG, Huawei, Pantech, and ZTE claiming that the Chocolate Factory’s smartphone OS infringes on its patent pool.
Google Inc (NASDAQ:GOOG) reported the gain of +0.51% or $5.62 and closed at $1117.46 with the total traded volume of 1.33 million shares. Its price to sales ratio ended at 6.50 and its price to cash per share was 6.60. Its market capitalization is $373.33 billion. The stock owned by the Financial Institutions was 87.00% while by insiders was 0.19%.
Google rejects the charges, as well as in documents filed with the US District Court of Northern California on Monday, it has requested for a trial that it expects will end with a declaration that Android is in the obvious.
The online ad giant explains Rockstar in its filing as a patent troll that requests to harm Google’s Android platform in addition to disrupt Google’s relationships with the Android OEM Defendants.
Google’s lawyers articulated in the filing that Rockstar produces no products as well as practices no patents. As an alternative, Rockstar utilizes a staff of engineers in Ontario, Canada, who inspect other companies’ successful products to discover anything that Rockstar might utilize to demand and extract licenses to its patents under threat of litigation.
A statement on the group’s website clarifies that for the reason that Rockstar’s portfolio is based on a extensive range of telecommunications, wired along with networking based research and development performed by Nortel engineers, as well a significant portion of today’s high technology products in addition to services relate to these patents.
However, there are several facts that Rockstar’s efforts haven’t been going on top of its constituent firms may have expected. Bloomberg released on Monday that Rockstar has been in talks to sell off a portion of its patent portfolio, signifying that what was once thought to be a goldmine strength not be delivering enough return on its hefty buy price.
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