Posted Mar. 21, 2014 at 11:01 a.m.

Premium Lock Lenovo buys $100M in patents from Unwired Planet; loses $16M with wrong price tag on tablet

Published: 2014-03-21 11:01:05
Updated: 2014-03-21 11:01:05

Lenovo           Lenovo

Lenovo agreed on Thursday to purchase a portfolio of patents from Unwired Planet and for an aggregated transaction of $100 million cash. The following day, the world's largest PC maker then discovered a pricing error on a new tablet that cost them about $16 million and some change....

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