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The thing I don't understand about this deal is if the patents are as valuable as Google claims why did they only pay (effectively) $9B for them? Motorola hasn't really been on the bleeding edge of cellular technology for about a decade. Going back to 2003 (at least) they've been using Qualcomm radios for example. In more modern times they are assembling someone else's radio, GPU and running someone else's OS. I'm sure they do have some valuable IP but given the low sale price I'm thinking it's getting seriously overstated. In a $150B/year SmartPhone industry that continues to grow how are these super valuable patents only worth $9B?


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