This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Google Scoops Up IBM Patents

Stocks in this article: IBM GOOG

NEW YORK ( TheStreet) -- Google (GOOG) recently took another step to bolster its patent portfolio with the acquisition of more than 200 patents from IBM (IBM).

The deal is the latest attempt by Google to beef up its patent trove in the wake of increased intellectual property litigation, particularly in the mobile space. Google has historically held a slimmer patent portfolio than many of its competitors, making its Android mobile system more vulnerable to litigation from companies like Apple (AAPL) and Microsoft (MSFT).

In response, the company purchased over 2,000 patents from Big Blue last summer. It also acquired 7,000 patents through its recent purchase of Motorola Mobility Holdings (MMI).

"Google probably feels it needs patents particularly in the wireless area to defend its customers and companies who manufacture phones from infringement," said Peter Toren, a partner at Shulman Rogers who specializes in intellectual property.

But many patents that Google acquired in this latest deal with IBM aren't related to mobile. Instead, they're focused on Web applications, data intellectual property and even social networking.

One patent, called "Using Semantic Networks To Develop A Social Network," says it "identifies other users with common interests." These interests could be determined "by calculating a ratio of the number of words in a content source to the time spent viewing the content," according to the patent description.

For example, if you were looking on a social network for a person knowledgeable about say, higher education, the technology could recommend someone for you to speak with even if that individual didn't necessarily list "higher education" as an interest. It works by analyzing the amount that an individual in your extended network spends discussing a certain topic online as well as how often it is read by others.

This technology could boost Google's position as it looks for ways to strengthen its Google Plus social network, said patent blogger Florian Mueller.

"If it's valuable it could really give Google leverage against Facebook," he said.

Google Plus recently topped 62 million users, according to analyst Paul Allen, and the network could reach 400 million members by the end of 2012.

Facebook, in turn, has over 800 million users.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,900.32 +95.52 0.54%
S&P 500 2,071.46 +0.81 0.04%
NASDAQ 4,771.4890 +6.1090 0.13%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs