Nvidia, Intellectual Ventures acquire 500 wireless patents from IPWireless

By on May 14, 2012, 4:00 PM

Nvidia has joined forces with patent-portfolio buyer Intellectual Ventures to jointly purchase nearly 500 wireless communications patents from IPWireless. Financial terms of the deal weren’t disclosed but we do know that the patents are related to 4G LTE technology.

As per the agreement, IPWireless will retain perpetual, royalty-free access to all of the patents sold. IPWireless develops 3G and 4G wireless broadband technology as well as chipsets and network infrastructure. Nvidia and Intellectual Ventures will split the acquired property with Nvidia licensing the rights to the patents they didn’t acquire.

In an effort to widen their reach, Nvidia acquired mobile baseband processor developer Icera last year for $367 million. The move now allows the graphics company to develop the applications processor, the Tegra SoC, and the baseband processor in-house and essentially double their revenue opportunity per device. This allows OEMs to more easily satisfy requirements for mobile products as they will have one less company to work with.

Nvidia posted Q1 revenue and profit figures late last week. Both numbers were down from last year but revenue still topped analyst estimates and an optimistic outlook for the next quarter sent shares up nearly 10 percent.

The company blamed the less-than-stellar numbers on low production levels of Kepler GPUs. Nvidia chief Jen-Hsun Huang said that his company and foundry partner Taiwan Semiconductor Manufacturing Company underestimated the demand for Kepler and simply couldn’t fulfill all orders.

The GPU player has forecasted second quarter revenues to be between $990 million and $1.05 billion.




User Comments: 4

Got something to say? Post a comment
H3llion H3llion, TechSpot Paladin, said:

gogo Nvidia, the patent peens! This few years we have seen companies acquiring shit loads of patents, I guess its who has the most patents game ^^

captainawesome captainawesome said:

TS, why does the GTX 670 score a lower score than the GTX680 on product finder when it is probably the best value for money GPU in the upper segment? (sorry I didn't know where else to post this slightly off-topic post)

madboyv1, TechSpot Paladin, said:

TS, why does the GTX 670 score a lower score than the GTX680 on product finder when it is probably the best value for money GPU in the upper segment? (sorry I didn't know where else to post this slightly off-topic post)

Because there are less reviews with numerical results, and far more on the 680 with 90+ scores than the 670. That score is, of course, an aggregate of many reviews and does not necessarily represent what the Techspot reviewer intended to imply.

Guest said:

Pretending to "own" ideas that depend so unequivocally upon all that came before and all that surround it is the peak of human greed and ignorance.

Viva la revolution!

Load all comments...

Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.