RPX will buy 4,000 patents from Apple and other Rockstar Consortium members for $900 million<div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p><a href='
http://www.imore.com/rpx-will-buy-4000-patents-apple-and-other-rockstar-consortium-members-900-million' title="RPX will buy 4,000 patents from Apple and other Rockstar Consortium members for $900 million"><img src='
http://www.imore.com/sites/imore.com/files/styles/large_wm_brw/public/field/image/2014/10/iphone_blackberry_android_windows_phone_fixed.jpg?itok=o2z5G8Vb' />[/url]</p> <p>RPX has announced it will acquire the remaining 4,000 patents held by the Rockstar Consortium, which includes
Apple among its members, for $900 million. The agreement will also end the lawsuits that Rockstar had previously filed again a number of Android smartphone companies, including
Samsung,
HTC,
LG and
Huawei</p> <!--break--> <p>Apple teamed up with
Microsoft, BlackBerry, Ericsson, and Sony to purchase 6,000 patents from the defunct Nortel Networks for $4.5 billion in 2011, outbidding Google. 2,000 of those patents were distributed between those five companies, while the remaining 4,000 were collected under the Rockstar Consortium organization.</p> <p>RPX explained what it will do with those patents now that they are under its control:</p>
<p>RPX Clearinghouse will receive license payments from a syndicate of over 30 companies, including Cisco and Google. Upon closing, which is subject to regulatory approval and other customary conditions, syndicate participants will receive non-exclusive licenses to the Rockstar patents, and RPX Clearinghouse will make the patents available for license to all other interested companies under fair, reasonable, and non-discriminatory (FRAND) terms.</p>
<p>Rockstar
announced a settlement with Google in November concerning seven search-related patents that Rockstar claimed Google had violated.</p> <p>Source:
RPX,
Wall Street Journal</p> </div></div></div><div id="comment-wrapper-nid-29100"></div><img width='1' height='1' src='
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RPX will buy 4,000 patents from Apple and other Rockstar Consortium members for $900 million
