If Motorola gets its way, Apple will have to pay a royalty on iPhone and iPad sales from last year. According to the Wall Street Journal, Motorola Mobility Holdings Inc., which is being acquired by Google Inc., filed a letter it previously sent to Apple in a California court, seeking a 2.25 percent royalty on some iPhone and iPad sales. The royalty, if awarded, would be worth about $1 billion.
Are you as sick of these patent lawsuits as I am? Google agreed to pay $12.5 billion to purchase Motorola Mobility and this is likely one of the reasons. It's obvious that these technology companies are scrambling to get as many patent portfolios as possible.
Are you as sick of these patent lawsuits as I am? Google agreed to pay $12.5 billion to purchase Motorola Mobility and this is likely one of the reasons. It's obvious that these technology companies are scrambling to get as many patent portfolios as possible.