Lenovo Pays $100M For Unwired Planet Patents

Law360, Los Angeles (March 21, 2014, 3:55 PM EDT) -- Chinese computer maker Lenovo Group Ltd. announced Thursday it has reached a $100 million cash deal to buy a portfolio of mobile technology patents from Unwired Planet Inc. and license the rest of Unwired Planet's patents, on the heels of its $3 billion purchase of Google Inc.'s Motorola Mobility unit in late January.

Lenovo's patent purchase includes 21 patent families owned by Unwired Planet, including patents for 3G and LTE technology as well as other "important mobility patents," the companies said in a joint statement on...
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