Google continues to load up on patents, purchases Magnolia Broadband's portfolio
Their most recent acquisition is from Magnolia Broadband, which apparently sold its entire patent portfolio to El Goog for a wad o' cash of undisclosed dimensions. The deal was made public by Mooreland Partners, the financial firm that advised Magnolia on the deal. Their brief press release reads as follows:
Mooreland Partners Advises Magnolia Broadband in the Sale of Its Patents to Google
Bedminister, New Jersey/Mountain View, California – June 4, 2012 - Mooreland Partners is pleased to announce that it has acted as financial advisor to Magnolia Broadband (Magnolia) in the sale of its patent portfolio to Google (GOOG). The sale for Magnolia is the 22nd transaction advised by Mooreland Partners since the start of 2011 and the sixth announced this year.
CrunchBase indicates that Magnolia Broadband is the leading innovator (and patent holder) behind Mobile Transit Diversity, a “beam forming” technology that allows wireless network providers to improve data speeds and coverage without having to make physical changes to their base stations. Which is an interesting set of patents, but not necessarily ones that would be useful in the ongoing mobile devices patent wars.
Which leads us to the question: what are they for? We should note that this isn't the first time Google has shown an interest in wireless networks - they were granted a patent for a method of bidding for network bandwidth this spring. We’re not quite ready to believe that Google plans to move into the data pipeline business in a big way (although they are laying a lot of high-speed fiber in Kansas City); perhaps these data transmission patents will play a role in some of the whole-home automation and audio projects Google is rumored to be working on?
sources: Engadget, CrunchBase
1. TheInfamousCJ (Posts: 20; Member since: 24 Nov 2011)
I've been thinking about the secondary application of the Motorola Mobility acquisition. I remember reading a while back about Google's planned to cover data on g1. I concluded the possibility of Google introducing a new enhanced VOIP protocol. I dream of the day data only plans and software that is reliable to make data calls with consistency and clarity. Now that they own patents for strengthening data connections. Only thing left for them would to buy a carrier; possibility majority stake in T Mobile USA. They have their own phone OEM; patents for improved data and their nexus line.
2. Hello-dirt (Posts: 100; Member since: 02 May 2010)
Google i/o cannot come soon enough. Despite not being able to go and despite not being one of the lucky recipients of the Google Goods, I look forward to the innovations and the announcements.
3. QinEmpire (Posts: 145; Member since: 16 May 2012)
Google's Logic : steal from Apple/Microsoft then buy patents for protection, smart eh?
5. networkdood (Posts: 5489; Member since: 31 Mar 2010)
Wow...your name is ironic as it is a historical Chinese state and 2009 drama show.....
7. networkdood (Posts: 5489; Member since: 31 Mar 2010)
you mention that google steals...
Look at china - what do you think the government does there with their hackers trying to infiltrate other government's properties and personal cell phones?
Why do you think ZTE and other chinese companies are not fullly trusted by our government to manage a network as sprint tried to do?
What do you think APPLE does?
Look at what they do in an attempt to control people, or at least those that are weak-minded. Now look at the Chinese government and the way they control the internet in their country.
Lots of similarities....
You want to post crap - fine - be careful, as the monkeys will fling it right back at you...lol