More on patents and M&A

Here is yet another example of the new found focus on patents in the mobile telephone industry. From Bloomberg — InterDigital Gains 50% With Apple-Google Patent Rush:

The company [InterDigital] has rallied more than 70 percent since saying it hired Evercore Partners Inc. and Barclays Plc to “explore and evaluate potential strategic alternatives” that may include a sale, according to the company’s statement on July 19.
“We have seen the value of intellectual property rise substantially as major players in the mobile industry increasingly understand the strategic and economic value of this type of asset,” Terry Clontz, chairman of InterDigital’s board of directors, said in the statement.

And the beat goes on.

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