Dylan McGrath, EETimes
9/28/2011 5:30 PM EDT
SAN FRANCISCO—Canadian IP licensor Mosaid Technologies Inc. said Wednesday (Sept. 28) that Google Inc. recently bought five patent families from the firm for $11 million.
Mosaid (Ottawa, Canada) said earlier this month that it sold five patent families that were not currently generating revenue to an unnamed buyer. On Wednesday, a spokesperson for the firm confirmed that Google was the buyer.