Rockstar looking to find a buyer for some of its patents
While Google is seeking a court order preventing Rockstar from taking legal action against it, its Android partners and Nexus devices, the members of Rockstar are seeking a partial sale of their holdings. So far, Rockstar has been unable to license the patents to bring in income, so it is time to revert to Plan B, which means selling some of the patents. A couple of options would include selling off any patents not involved in litigation. Because the companies behind Rockstar don't want to take a loss, the deal could be structured to allow a buyer to pay a decent price, but promise a percentage of any licensing profits to Rockstar. Another possibility is that another deep pocketed company could join the group which would dilute current owner's stake in the consortium, without any of the patents changing hands.
Google was one of the bidders for the patents the first time around, and buying them could save it and its Android partners a ton of money and a giant headache. Rockstar did manage to sell off some of its holdings in July to fellow patent troll Spherix. The price was undisclosed, but included $1 million of Spherix stock and some profit participation in the patents for Rockstar.
In October, Rockstar filed a suit against Google, Huawei, Asus, ZTE Corp., HTC Corp., Samsung Electronics Co., LG, and Pantech Co., claiming patent infringement. The patents that Rockstar is trying to sell do not include the ones involved in this suit.
1. Assa7inKing (Posts: 26; Member since: 23 Feb 2013)
Guys can someone please tell me ? why SONY isnt in this LIST ? i mean they also use OS-ANDROID !! BUT ?
2. Duketytz (Posts: 494; Member since: 28 Nov 2013)
Sony is in the rockstar consortium. You can check the source or google rockstar consortium.
3. smallworld (Posts: 438; Member since: 13 Jul 2012)
They aren't hyped because they're Japanese.
8. InspectorGadget80 (Posts: 6569; Member since: 26 Mar 2011)
It's because Sony doesn't sell much handsets as samsung and they are not a threat to the sad fruit company or M$
10. yudi.nemesis (Posts: 1127; Member since: 14 Mar 2013)
If you read the article you'll find this
"In October, Rockstar filed a suit against Google,
Huawei, Asus, ZTE Corp., HTC Corp., Samsung
Electronics Co., LG, and Pantech Co., claiming
from what i know this year when it comes to sales sony is much more better than htc and about on par with lg.
9. yudi.nemesis (Posts: 1127; Member since: 14 Mar 2013)
12. _KIRA_ (Posts: 19; Member since: 25 Dec 2013)
Sony is a part of Rockstar so they won't sue themselves. Pretty bad ass work around.
4. ihavenoname (Posts: 1427; Member since: 18 Aug 2013)
Rockstar vs Android brands. Old dogs vs newbies. New Apple/Samsung, Pepsi/Coke, BMW/Audi like rivarly?
5. h3nryvn (Posts: 25; Member since: 29 Oct 2013)
Hahaha quite funny. Google cannot win the bid then google sued under the reason to help other company that use android
6. Sniggly (Posts: 7113; Member since: 05 Dec 2009)
So much fail is going on in this story, lol. Google is probably breathing a sigh of relief.
7. roozbeh101 (Posts: 48; Member since: 31 Mar 2012)
I see 2 tech blocks fighting in near future! open-source side against proprietary side!
13. Napalm_3nema (Posts: 1104; Member since: 14 Jun 2013)
Who exactly is the Open Source champion in that mix? Apple, Samsung, and Google all contribute to Open Source, but none of them are exactly Open Source paragons.
15. roozbeh101 (Posts: 48; Member since: 31 Mar 2012)
how apple inc, contributes to open source exactly?!