Google Inc. (NASDAQ:GOOG) To Be Fair With Patents

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tdp2664 E money daily Google Inc. (NASDAQ:GOOG) has promised to license Motorola patents in reasonable terms. Google Inc. (NASDAQ:GOOG) To Be Fair With Patents The search company Google Inc. (NASDAQ:GOOG) plans to send letters to various standard organizations to assure them that it will license Motorola Mobility patents in reasonable and fair terms once their deal is closed. The company would license the patents according to fair, reasonable and non-discriminatory or FRAND terms. A Google Inc. (NASDAQ:GOOG) spokeswoman Niki Fenwick said, "Since we announced our agreement to acquire Motorola Mobility last August, we've heard questions about whether Motorola Mobility's standard-essential patents will continue to be licensed on FRAND terms once we've closed this transaction. The answer is simple: They will". Google Inc. (NASDAQ:GOOG) shares were at 606.77 at the end of the last day’s trading. There’s been a 0.1% change in the stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.23 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.18 Zack’s Rank: 9 out of 28 in the industry