Google Inc (GOOGL) Ready To Resolve Patent Litigation Charges With Rockstar

Google (GOOG)

Google Inc (NASDAQ:GOOGL) is known for its “change the world” inventions and service offerings. The company did the same with Android operating system and changed the face of the existing mobile industry. However, the search engine giant was sued by the patent pool, Rockstar, for using seven different patents for its search engine technology. Google has agreed to settle the patent litigation for an unknown sum of money.

Nortel Network Corp declared bankruptcy in 2011 and Rockstar was quick to the action bagging all the patents of the financially collapsed company for $4.5 billion. In October 2013, the patent consortium sued dozens of handset manufacturers using Android OS for patent violation along with Google Inc (NASDAQ:GOOGL).

A recent court filing in Texas federal court has claimed that Google and Rockstar have agreed to resolve their patent issues without any official comment from either of the groups. But the patent group has not indicated any signs of settlement with handset manufacturers in the filing. Both the companies are likely to work over the details of the settlement and reach a definite agreement in the next few weeks.

Google (GOOG)

Google Inc (NASDAQ:GOOGL) is not the only company to settle patent litigations with Rockstar, as Cisco Systems, Inc. (NASDAQ:CSCO) agreed to pay $188 million to settle its charges with the patent group.

The companies facing similar patent charges from Rockstar include Samsung Electronics Co Ltd (KRX:005930), LG Electronics Inc. (KRX:066570), Huawei Technologies Co., Ltd., and HTC Corp (TPE:2498). At the initial stage of the patent litigation lawsuits, Rockstar pointed a 2000 patent concerning document navigation in handheld devices.

Rockstar purchased as many as 6,000 patents from Nortel Network Corp in 2011 with $4.5 billion overcoming Google Inc (NASDAQ:GOOGL)’s $4.4 billion bid. Patent litigation has rather become a common practice among technology companies but Rockstar is determined to pursues these cases.

This article has been written by Prakash Pandey.

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