Posted by | Posted in News | Posted on 12-01-2012 | comments: 0
Ericsson sees revenue opportunities as more products get wireless connections. The company’s IPR portfolio includes 27,000 granted patents. Today, any vendor that wants to use cellular connectivity in its products needs a license from Ericsson, which is offered under so-called fair, reasonable and non-discriminatory terms.
Patents have become a very valuable commodity in the telecommunications industry. For example, last year, Nortel sold 6,000 patents and patent applications for US$4.5 billion to a consortium consisting of Ericsson, Apple, EMC, Microsoft, Research In Motion and Sony, following a bidding war with Google.
Ericsson aims to grow its revenues from licensing its intellectual property portfolio beyond the 4.6 billion Swedish kronor ($663 million) net revenue generated in 2010.
