Tag: Brokered

Google Uses the Brokered Patent Market for the First Time t…

Google Uses the Brokered Patent Market for the First Time t…

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In late August, Bloomberg Law published an article which reported that Mountain View, CA-based Internet tech giant Google had conducted its first-ever sale of patent assets in the U.S. brokered patent market. Data collected and provided to Bloomberg from the Richardson Oliver Law Group shows that Google had sold 207 assets, including 138 U.S. patents, in a single deal this year. The U.S. patents sold by Google covered lithium-ion battery-related technologies, which Google had first acquired in 2012 from its acquisition of the Motorola Mobility portfolio. Google’s patent package was first listed on the brokered market in the second quarter of this year and in June, the lithium-ion portfolio was purchased by Chinese battery maker Amperex Technology. Although Google has sold the larg