And you might have also read that Pace confirmed today (Dec. 10) that it put in a bid for Motorola Home. Got a story on the way that spells out a hard number, but Google, I'm told, will help a buyer secure a sizable loan to pull off this deal. But good of you to point out that Pace is a friend of TiVo, so I'm also curious to know how that might factor into such a deal. JB
Now that we've heard from Bloomberg that the two leading bids are from Pace and Arris, I think the answer to your question about Google indemnifying any potential acquirer to the litigation risk associated with the TiVo suit seems plausible. Pace has a market cap of close to $500 million making it a stretch for me to see how they can swallow the Moto business without significant financing from Google. Arris' 1.6 billion market cap seems more in-line with the numbers being reported. An interesting side-effect of the Pace rumor is they already have a deal with TiVo. Perhaps the deal already includes a baked-in settlement (credit?) with TiVo for past infringement, etc.
Still asking around but so far i have not heard that Google has offered to indemify bidders from the TiVo litigation as part of a deal. I'd need a lawyer to weigh in if that's even a legal possibility. Even if Google kept all the IP, i'm not sure now that would work if this goes to a trial and an injunction resuts..It would seem that whatever company ended up with the Mot set-top assets would still be prevented from shipping DVRs. JB
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