Sunday, 23 April 2017

Magnolia Broadband Receives $3 Million From SCP Partners

ENGLEWOOD, N.J.--()--Magnolia Broadband, the inventor of Adaptive Antenna Systems (AAS), a “Beam-forming” technology for wireless smartphones and tablets, said today it has secured $3 million in funding from individual and institutional investors, led by SCP Partners. Magnolia Broadband will use the funding for further development of its AAS technologies for smartphones, tablets, small 3G/4G base stations and Wi-Fi access points.

Osmo Hautanen, Magnolia Broadband’s CEO, said, “With global mobile data traffic forecasted to increase 26-fold over the next 5 years driven by video and multi-media data traffic, Magnolia Broadband’s solutions provide enhanced real time HD video and multimedia experiences which will broaden the range of applications and services that can be shared, creating a highly enhanced mobile broadband experience.” Hautanen added, “SCP Partners has been an outstanding supporter of Magnolia Broadband since its inception. With this additional capital, Magnolia Broadband will further solidify its leadership position by expanding its patent portfolio and advance licensing efforts with wireless network operators around the globe.”

“Magnolia Broadband has been on the forefront of developing technologies which offer significant benefits for both wireless carriers and consumers on quality of service providing faster data throughput, better coverage and wider range both on macro wireless networks as well as Wi-Fi coverage areas," said Yaron Eitan, Chairman of the Board of Magnolia Broadband, Inc., and a Partner at SCP Partners, the company’s largest shareholder, and President of Selway Capital. Furthermore he added, “Magnolia Broadband’s technologies have been valued by leading companies such as Google which acquired over 50 of its patents in 2012.”

http://eon.businesswire.com/news/eon/20130708006316/en/Magnolia-Broadband/SCP-Partners

Google to Rule Mobile in 2013

The way to win in mobile is to solve an exceptionally difficult problem. Apple first did it by streamlining the mobile experience through an integrated OS and app-discovery and installation experience. Google then went a step further and crunched mountains of data to make mobile services breathtakingly powerful. The next big mobile company needs to be prepared to do something equally hard. And probably different.

Yet there's no sign that Google has stopped pushing itself to do even harder things. And that is why I think Google is both the mobile company of the year in 2012 and 2013.

Google Nabs 50 Mobile Patents From Magnolia Broadband

"We believe that Google's acquisition of our more than 50 Mobile Transmit Diversity beam forming technology patents underlines the need for such a technology in mobile broadband devices," Osmo Hautanen, CEO of Magnolia Broadband, said in a statement. "We look forward to deployment of this innovative technology in smart phones, tablets and other mobile broadband devices, to provide faster data throughput, better coverage and wider range."

The software Google's new patents relate to can be embedded into any mobile broadband device, Hautanen added. Google, however, did not acquire the software, which remains the property of Magnolia and will remain available to mobile device vendors and chipset companies.

The company is currently expanding this technology to improve streaming video and peer-to-peer applications on tablets and other mobile broadband devices. It says it will use the proceeds from the patent sale to finance ongoing research and development.

Google's latest buy comes after the company recently picked up a large number of patents through its acquisition of Motorola Mobility, which is currently locked in a high-profile patent battle with Apple, and is under investigation for patent abuse in the EU.

by: PC Magazine's Angela Moscaritolo

Intel, Google ink patent deals with InterDigital, Magnolia Broadband....... by: Rik Myslewski

Both Intel and Google started the week in acquisitive modes, with the former announcing a massive $375m patent deal with InterDigital, and the latter acquiring over 50 patents from Magnolia Broadband for an unspecified amount.  It appears that the mobile-broadband patent wars are not only continuing to churn the tech world, they're also continuing to cause big money to change hands among big players.

"These patents will support Intel's strategic investments in the mobile segment," said Chipzilla's general counsel Doug Melamed about his company's Monday move. "The addition of these patents expands our already large, strong and diverse portfolio of intellectual property."

Over in Warren, New Jersey, Magnolia Broadband's CEO Osmo Hautanen offered his opinion of Google's largesse, saying, "We believe that Google's acquisition of our more than 50 Mobile Transmit Diversity beam forming technology patents underlines the need for such a technology in mobile broadband devices."

The MTD patents, which Magnolia Broadband developed in a research and testing effort of over a decade, cover technologies to increase spectrum utilization, expand coverage, improve uplink transmission speeds, and improve mobile devices' battery life.

Interestingly, although the MTD patent portfolio was acquired by Google, Hautanen noted that "The software, which can be embedded into any mobile broadband device remains the property of Magnolia Broadband and will be made available to mobile device vendors and chipset companies."

Magnolia board chairman Yaron Eitan chimed in on this point as well, saying, "We look forward to deployment of this innovative technology in smart phones, tablets and other mobile broadband devices, to provide faster data throughput, better coverage and wider range."

One can only assume that there is many a hurried discussion this Monday morning among the legal teams at Apple, HTC, Samsung, and others about the murky mobile-broadband patent landscape. And as Intel continues its deep-pocket efforts to move into the mobile market, odds are that ARM's corner offices are abuzz, as well.

Google's Patent Portfolio Gains Weight .....by Mark Hearn

Google’s patent portfolio has just gained a little weight, as the software/search engine giant has cemented its purchase of more than 50 patents from Magnolia Broadband. There’s no mention of how much green Google ponied up to acquire this wireless catalog of goodies, but the new arsenal of intellectual property will likely mesh well with the company’s more prominent purchase of Motorola Mobility. In addition to possibly putting the technology of this purchase to use, Google is also saving them for future legal quarrels.

Google completes buyout of Magnolia Broadband patents, puts a little extra protection under its belt by: Jon Fingas

Magnolia Broadband revealed that Google was buying some of its patents at the start of June, but to say that its confirmation was brief would be an understatement. It's being more verbose now that the transaction has been cleared: Google now owns over 50 patents for beamforming wireless signals. Magnolia characterizes the techniques as important to making the best use of cellular connections, which could well be helpful to a company that just bought Motorola. Having said this, we can't help but think that the various patent battles of Google's recent acquisition may play a part; obtaining cellular-specific patents would give potential attackers a reason to think twice.

Google picks up Magnolia Broadband's MTD patent portfolio

Google has acquired more than 50 patents from Magnolia Broadband, a company focused on improving scalability and capacity across the mobile space. According to Magnolia, the patents come from its Mobile Transmit Diversity portfolio, which includes a host of technologies related to increasing mobile network capacity, expanding coverage, improving uplink transmission speeds, and increasing a device's battery life.  The terms of the deal have not been disclosed.

According to Magnolia CEO Osmo Hautanen, the software Google's newly acquired patents relate to can be "embedded into any mobile broadband device." The software is sold to mobile device vendors and chipset companies, according to Hautanen.

Interestingly, Google didn't acquire the software, which remains under the ownership of Magnolia. Whether the companies entered into a licensing agreement, however, was not divulged.

A host of major companies have been going on a patent-buying spree lately. Last year, Apple and Research In Motion were among a few companies that bought Nortel's patents for $4.5 billion. Microsoft recently closed a deal to acquire about 800 patents from AOL for $1 billion. Even Google's $12.5 billion acquisition of Motorola Mobility was motivated by a desire to own that company's patent portfolio.

Who can blame any of the companies? Over the last couple of years, the mobile space has exploded with patent lawsuits, forcing firms to find protection wherever possible. CNET has contacted Google for comment on the patent portfolio purchase. We will update this story when we have more information.

Magnolia Broadband's Patent Portfolio Acquired by Google

IP rights to benefit Google in the mobile space; Proceeds to help finance on-going R&D by Magnolia Broadband

WARREN, N.J., Jun 18, 2012 (BUSINESS WIRE) -- Magnolia Broadband, Inc. has sold its beam forming Mobile Transmit Diversity ("MTD") patent portfolio to Google, Inc. GOOG +1.30%  . This patent portfolio is derived from over a decade of research, development, and testing, and covers methods for increasing spectrum utilization (network capacity), expanding coverage, improving uplink transmission speeds at the cell edge, and improving device battery life.
Osmo Hautanen, CEO of Magnolia Broadband, said; "We believe that Google's acquisition of our more than 50 Mobile Transmit Diversity beam forming technology patents underlines the need for such a technology in mobile broadband devices." Mr. Hautanen further explained Magnolia Broadband's continued vision: "The software, which can be embedded into any mobile broadband device remains the property of Magnolia Broadband and will be made available to mobile device vendors and chipset companies."
Yaron Eitan, Chairman of the Board of Magnolia Broadband, Inc. and a Partner in SCP Partners, the company's largest shareholder, said: "This transaction is a milestone for Magnolia Broadband. It provides a return to our investors and funding for continued development of Magnolia's MTD technology. We look forward to deployment of this innovative technology in smart phones, tablets and other mobile broadband devices, to provide faster data throughput, better coverage and wider range."