Verizon Communications Inc. said Google Inc.'s $12.5 billion bid for Motorola Mobility Holdings Inc. was a welcome development because it may bring "stability" to a recent slate of smartphone patent disputes, though it stopped short of totally endorsing the proposed acquisition. "Google should be in a much better position to protect itself and its partners from legal attacks," said Robert W. Baird & Co. analyst William Power, noting that Libertyville, Ill.-based Motorola has an additional 7,500 patents pending.
- Read the article: The Wall Street Journal
