A new report from the International Business Times found that Google's $12.5 billion acquisition of Motorola Mobility could be the impetus for further purchases in the mobile market driven solely by intellectual property.

As Google, Apple and other major mobility companies look to improve their IP portfolio, smaller companies that boast substantial patents and copyrights will likely be linked to more acquisition bids. IBT listed InterDigital, Broadcom and Conexant Systems as potential targets for larger companies.

In the case of InterDigital, the news provider reports that the company's assets, including IP, are valued at slightly more than $2.9 billion. The Pennsylvania-based company owns approximately 1,300 wireless patents and is currently for sale, IBT reported.

Massachusetts-based Analog Devices and Marvell Technology Group are also considered to be in play. Both organizations boast strong chip-making businesses likely to attract bids from major players in mobility.

Earlier this year, Google attempted to acquire Nortel to leverage the company's IP portfolio. However, a consortium, led by Apple and Microsoft, outbid Google to keep the company out of Google's hands.