The company behind the world’s largest search engine picked up an additional 1,023 patents from IBM last month, following an acquisition of 1,030 patents from the same company in July this year, reported Bloomberg.
According to records that appeared on the US Patent and Trademark Office’s website yesterday, Google acquired its latest arsenal of patents on August 17. Jim Prosser, a spokesman for the Mountain View, California- based company, confirmed the transaction to Bloomberg, though he did not provide any details or financial terms in regards to the patents.
The news comes just a week after Google sold nine patents to its manufacturing partner HTC Corp. to use for an impending lawsuit against Apple. Four of the patents sold were originally owned by Motorola but went to Google after it bought over Motorola Mobility one month back.
While the price Google paid for the 2,053 IBM patents it now owns was not disclosed, the company is said to have spent billions on a stockpile of intellectual property in hopes of deterring any potential aggressor that might otherwise consider accusing Google of infringement.