Apple and Google's interest in securing wireless patents has driven up the cost of intellectual property so much that one potential acquisition is projected to command a 50 percent premium.



From Apple Insider:

One high-profile acquisition target profiled by Bloomberg on Tuesdsay is InterDigital, which owns patents related to high-speed mobile phone networks. Last week, the company said it has hired banks to explore a potential sale, and since then it has gained $1.4 billion in value to $3.2 billion.

But an acquisition of the Pennsylvania-based company may cost more than $5 billion, and potential buyers could pay a 50 percent premium to secure the company's portfolio of 8,800 patents.

  'Apple-Google patent rush' could drive acquisition price up 50%