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Nvidia, Intellectual Ventures buy 500 wireless IP

22 May 2012

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Nvidia and Intellectual Ventures have purchased 500 wireless patents from IPWireless that encompass wireless technologies that include LTE, LTE-Advanced and 3G/4G. According to the companies, ownership of the patents will be split between Nvidia and Intellectual Ventures. Nvidia will license the patents it did not acquire. On the other hand, IPWireless will retain perpetual, royalty-free access to these patents. Terms of the deal were not released.

In October, Intellectual Ventures has sued Motorola Mobility over wireless patents, and in February, it sued AT&T, Sprint and T-Mobile on similar grounds. That same month, Nvidia and Rambus settled outstanding patent infringement claims. They signed a patent license agreement covering Rambus-owned technology used in many of Nvidia's dedicated graphics processors and SoC products for PCs and mobile devices.

During a recent earnings report, Nvidia reported a fairly substantial sequential decline in profits for its first fiscal quarter of the year, but offered a bright outlook as the company continues to roll out its GPU architecture code named Kepler across more product lines throughout 2012. Nvidia attributed part of that decline in profits to higher operating expenses and lower gross margins, while pointing to positive signs that its mainstream PC and mobile product lines would drive good growth going forward.




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