As Nvidia shifts into mobile computing, it has purchased nearly 500 wireless patents presumably to help reduce exposure to patent infringement lawsuits. Privately held IPWireless initiated the deal when it offered the patents to Nvidia, which contacted Intellectual Ventures to evaluate the patents, resulting in Intellectual Ventures and Nvidia agreement to jointly purchase the patents from IPWireless. IPWireless will retain a license to the patents and Nvidia will license the patents it did not purchase. The financial terms were not released. Intellectual Asset Management stated senior IV executives told it why the market should expect more such deals.
Other details are given in the following articles:
Nvidia picks up wireless patents in mobile push - Baltimore Sun
Nvidia, Intellectual Ventures buy wireless patents - Marketwatch
Nvidia Grabs Wireless Patents - Forbes
Nvidia, Intellectual Ventures Jointly Purchase 500 Wireless Patent - PC Magazine
Nvidia, Intellectual Ventures partner to acquire 4G patents - Engadget
Nvidia teams with Intellectual Ventures to acquire patents - Venture Beat
NVIDIA buys 500 patents to take on Qualcomm - Intomobile.com
Copyright © 2012 Robert Moll. All rights reserved.