20,000 patents are what Google are sitting on. The patents used against Microsoft were just small few which I said not ever patent is worth billions. Business Analyst have compared net worth of Motorola patents more than $4.5 billion of Nortel patents. Nortel patent portfolio is only made up of 6000 patents. Google again has 20,000 and 7,000 more to be approved. They have at least 4.5 billion worth patents
http://blogs.law.harvard.edu/doc/2011/08/15/google-buys-motorola-and-its-giant-patent-portfolio/
"Yes, $12 billion is a lot to pay for that privilege. But, unlike the $4.5 billion an Apple/Microsoft-led consortium payed for the Nortel patents not too long ago, that $12 billion buys a lot of other tangible assets that Google can sell off. It wouldn?t surprise me if Google?s expenditure on the deal actually nets out to less ? and Motorola?s patents will be much heavier artillery than Nortel?s. Motorola, after all, was making smartphone precursors like the StarTac well before the Danger hiptop or the iPhone; it*will*have blocking patents."
Google really only spent 4 billion on Motorola in the end. Google bought Moto for 12.5 billion the then sold the company for about 3 billion. They spent 9.5 billion on Moto but went acquire Moto they also took Moto 3 billion cash the company had saved. Now Google has spent only 6.5 billion. Lastly before selling company Google sold individual properties of Moto for about 2.5 billion in total. Therefore Google spent about 4 billion on company with patents worth more than 4.5 billion at least. I may not be able to convince you but facts remain the same.
http://gigaom.com/2014/01/30/google-paid-4b-for-patents-why-the-motorola-deal-worked-out-just-fine/
"Sure, Google bought the company for $12.5 billion and sold it for around $3 billion, but that doesn?t necessarily mean it was a bad deal from a patent perspective. While the spread suggests Google lost its shirt, the amount it will*actually spent on Motorola at the end of the day is around $4 billion ? and it?s keeping the patents."
"The $4 billion figure, as analyst*Benedict Evans,*the*New York Times*and*Bloombergnoted, results from the fact that Motorola had around $3 billion in cash on hand, and from the $6 billion Google recouped from selling off units of the device maker."
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