China's Lenovo Group and Japan's NEC agreed to extend their joint venture agreement through 2026. The agreement signed by the two parties included amendments to the initial transaction. Amendments to the NEC brand license agreements stated that the parties to the NEC brand license agreements entered into the NEC brand license amendment agreements on October […]
Tag | Unwired Planet
Lenovo Succumbs To Patent Troll In USD100 Million Deal
24 March 2014
Unwired Planet, a technology company headquartered in Reno, Nevada, announced that China's Lenovo has agreed to buy a series of patent portfolios and licenses for an intellectual property portfolio from Unwired Planet for about USD100 million. The payment will be made entirely in cash. Under the agreement, Lenovo will purchase a 21 patent portfolio owned […]
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