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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!
UPIP vs. ETF Alternatives
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