Google is in preliminary talks to buy InterDigital, a wireless technology company, according to a report from the Wall Street Journal, which cited sources close to the discussions.
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InterDigital had said that it was exploring a potential sale on Tuesday. This announcment caused the company's stock to rise by 28 percent.
Google's interest was piqued by the recent $4.5 billion acquisition of by a group of companies including Apple, Microsoft and Research in Motion . As part of the deal, the trio purchased about 6,000 Nortel patents.
The $4.5 billion purchase price was five times Google's bid of $900 million for Nortel.