These days, business assets are not limited to physical items, such as factories and manufacturing equipment. Intellectual property is increasingly seen as one of the most valuable assets a business can obtain, especially in high tech industries like mobile computing. To that end, Qualcomm Inc. has purchased a group of patents from Hewlett-Packard Co (HP).
The portfolio, which consists of intellectual property related to mobile operating systems, contains approximately 2,400 patents. Among the roughly 1,000 patents granted and pending in foreign countries – such as China, Japan, Korea, Germany and the U.K. -- and 1,4000 granted and pending patents in the U.S.