INTERDIGITAL (IDCC) PATENTS NOT ATTRACTING HIGH INTEREST
InterDigital (IDCC) possess a considerable amount of intellectual property. When Motorola Mobility (MMI) was bought by Google (GOOG) , there developed considerable excitement in the market about patents. InterDigital put itself up for sale. InterDigital wanted to strike while the iron was hot. Iron has cooled and InterDigital has not yet struck.
InterDigital has been actively shopping itself. Absence of a deal is not because of effort. For strategic reasons , Google overpaid for the patents. It appears that InterDigital is not finding a strategic buyer willing to pay a price at par with recent patent sales.
A strategic buyer may be able to pay more than $70 per share for InterDigital.… Please click here or the title below to read more.