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HTC buying Dashwire to help protect itself

Written by Andre Yoskowitz @ 07 Aug 2011 11:48 User comments (2)

HTC buying Dashwire to help protect itself HTC has acquired mobile app company Dashwire for $18.5 million, likely in an effort to fight against current patent litigation brought by rivals.
The global smartphone maker says the move will help it strengthen its cloud-based services.

Following suits from Apple and others, HTC has used its lush cash supply to begin acquisitions, including a $335 million purchase of S3 Graphics.

That move has already paid off, as S3 won a patent case over Apple two weeks ago.

Dashwire is said to have a portfolio of 20,000 patents purchased from a company called Intellectual Ventures. IV has licensing agreements with Google, Intel and Microsoft, among others, with many related to mobile devices.

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2 user comments

18.8.2011 16:46

I used to use "Dashwire" but it was bought out by Best Buy and is now

I wonder what exactly Best Buy bought and what kind of changes this will cause.

I like the service. I hope it doesn't change.

Oh, Im sorry... Did the middle of my sentence interrupt the beginning of yours?

28.8.2011 17:43

So tired of patents and litigation and blah blah blah

Same story every week - soandso buys soandso, soandso sues soandso after successful acquisition of other soandso, so soandso buys soandso to protect from suits from soandso ... on and on and on

So ready for a zombie apocalypse, please oh please happen!

~*Livin' Electronicallly*~

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