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Unwired Planet, Inc. (UPIP)

  • Mar. 20, 2014, 5:42 PM
    • Lenovo (LNVGY) is buying 21 patent families from Unwired Planet (UPIP), including ones related 3G and 4G networks.
    • The deal gives Lenovo, now the world's #5 smartphone vendor (could be #3 after the Motorola Mobility deal closes), more negotiating leverage in cross-licensing deals.
    • Unwired Planet says it will still have 2.5K issued and pending patents once the deal closes. The company's market cap was only $142.4M as of today's close.
    • CC at 8:30AM ET tomorrow.
    | Mar. 20, 2014, 5:42 PM | 1 Comment
  • Feb. 17, 2012, 9:26 AM
    Openwave (OPWV) +11.4% following a Wedbush note speculating "patent troll" Acacia Research (ACTG) might soon make a bid for the wireless IP holder. The firm notes Acacia recently raised $225M in a stock offering, and has said it's exploring a major acquisition. Openwave, which recently adopted a poison pill, surged in November after striking a patent licensing deal with Microsoft.
    | Feb. 17, 2012, 9:26 AM | Comment!
Company Description
Unwired Planet Inc is an intellectual property licensing company with mobile technology patents and patent applications. The patents cover technology associated with mobile communications.
Sector: Technology
Country: United States