San Diego Business Journal

Qualcomm Buys 2,400 Hewlett-Packard Patents

Thursday, January 23, 2014

Qualcomm bought 2,400 patents from Hewlett-Packard Co., the two companies announced Jan. 23.

The purchase price was not disclosed.

HP (NYSE: HPQ) sold patents related to Palm, iPaq and Bitphone devices.

Qualcomm (Nasdaq: QCOM) already has a formidable patent portfolio covering mobile communications. As of Oct. 31 — long before the sale — Qualcomm reported having more than 38,000 patents.

The just-acquired patent portfolio covers fundamental mobile operating system techniques. Some 1,400 patents and patent applications are from the United States, while 1,000 patents and patent applications are from other countries.

SDBJ Staff Report