Intel Beefs Up Mobile Arsenal With $375M InterDigital IP Buy

Law360, New York (June 18, 2012, 5:55 PM EDT) -- Intel Corp. said Friday that it would pay $375 million in cash for about 1,700 wireless and cellular technology patents and patent applications from InterDigital Inc., which could boost Intel's litigation armor as it moves into mobile technology, attorneys said.

The announcement comes on the heels of several other big patent buys for Intel this year, with the Santa Clara, Calif.-based chipmaker paying $75 million for wireless technology patents from software maker Aware Inc. in April, $120 million for 190 video streaming and other patents from...
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