Courtesy of Benzinga.
Pendrell Corporation (NASDAQ: PCO) announced today that its subsidiaries have acquired more than 1,300 U.S. and foreign patents in five separate transactions. The patents are applicable to wireless handset and infrastructure technologies, e-commerce, mobile applications, video delivery and security, and originated at some of the leading technology firms in the U.S., Europe and Asia. Financial terms of the transactions are not being disclosed. With these transactions, Pendrell now holds more than 1,500 issued patents worldwide, with hundreds of additional patent applications pending.
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