Google acquires Magnolia Broadband's patents

Google acquires Magnolia Broadband's patents

Summary: Google is acquiring a patent portfolio from Magnolia Broadband, a fabless semiconductor company, for an undisclosed sum.

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Google's intellectual property belly is growing.

The search giant, no more than a month after acquiring more than 17,000 patents in its regulator cleared $12.5 billion acquisition of Motorola Mobility, is acquiring a set of new patents.

AllThingsD caught the scoop. Google confirmed it will acquire Magnolia Broadband's patents but declined to disclose the amount or what its intentions were for buying. It said the patents were "relevant to our business needs" but did not elaborate.

The U.S. Patent and Trademark Office says Magnolia has 28 issued patents and 24 patents pending.

It comes as Mooreland Partners announced it advised the fabless semiconductor company in the sale. It's likely Google is after its "beamforming" technology, which will undoubtably help now that Google has a smartphone and tablet making branch in its Motorola acquisition.

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