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Icahn Pushes Motorola to Consider Patent Sale
Posted By Sonya Donaldson On July 26, 2011 @ 11:27 am In Telecom and Wireless,Wireless Networks | No Comments
Motorola Mobility Holdings Inc [1]. is sitting pretty these days, thanks to Carl Icahn, its largest, and most outspoken, shareholder. Icahn is urging the company to explore options of capitalizing on its massive patent portfolio, following a $4.5 billion deal for Nortel Networks Corp [2].’s patents, notes AllThingsD.
Motorola Mobility is among a group of companies (including Apple [3] and Research in Motion [4]) that recently picked up thousands of Nortel’s patents. Icahn is urging the company to “maximize monetization,” note The Wall Street Journal’s Spencer E. Ante and Lauren Pollock, particularly on patents relating to 4G technologies.
In a Securities and Exchange Commission filing, last week, Icahn said that Motorola’s patent holdings are “substantially larger” than Nortel’s.
Read more at AllThingsD [5].
Article printed from Inc. Technology: http://technology.inc.com
URL to article: http://technology.inc.com/2011/07/26/icahn-pushes-motorola-to-consider-patent-sale/
URLs in this post:
[1] Motorola Mobility Holdings Inc: http://www.motorola.com/us
[2] Nortel Networks Corp: http://www.nortel.com/
[3] Apple: http://www.apple.com/
[4] Research in Motion: http://www.rim.com/
[5] AllThingsD: http://allthingsd.com/20110722/icahn-prods-motorola-to-explore-patent-sale/?refcat=mobile
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