Joff Wild

Here’s an interesting little snippet. Just before Christmas, Canadian company RIM, the makers of the Blackberry, spent €120 million to purchase 55 patents relating to GSM/UMTS technology. There are few clues as to the identity of the seller, except that it looks like it is one based in a country that uses the Euro as its unit of currency.

There are currently 15 members of the so-called Eurozone, including Finland, France and Germany – all home to major players in the GSM/UMTS market.

Whoever the other party was, it’s noteworthy that this is a sale rather than a licence. I wonder what the imperatives were driving that decision. And, given the news about the ISO's patent valuation initiative, how was the price decided?  The average value for each patent in the portfolio is over $3 million.