Modu, the Israeli phone maker in 2008, came up with a tiny modular cell phone that could slip into a number of different sleeves to be able to perform different actions and functions. The unique phones, while certainly interesting, lacked mass appeal and were only picked up by a few carriers. Modu would later unveil several new tiny cell phone models as it prepared for an IPO, but unfortunately had to shut down operations after running out of cash.
Google was recently granted permission to purchase a patent portfolio previously held by Modu, now a defunct cell phone maker that couldn't find a market for its minuscule mobile phones.
Google was happy to step in and lend a helping hand in the form of a $4.9 million IP purchase. Proceeds from Google's purchase will be used to pay back Modu's creditors and former Modu employees who are still due wages.
Google is likely eyeing future Android functionality that might be made possible by its acquisition of Modu's patent portfolio, though the company has not revealed any plans related to Modu's former patents.