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Apple, Microsoft, RIM Win Nortel Patents

Jul 1, 2011, 6:57 AM by Eric M. Zeman

Nortel announced late Thursday that a consortium of six different companies have won its 6,000 patents in an auction that took place this week. The list of winners includes Apple, EMC, Ericsson, Microsoft, RIM, and Sony. Not among the winners was Google, which placed the initial $900 million stalking horse bid, and Intel. According to Nortel, the patents won a total of $4.5 billion from the six companies involved. RIM indicated that it spent $770 million in the auction, while Ericsson said it paid $340 million. The other companies involved have not shared the dollar value of their bids. The 6,000 patent chest contains patents pertaining to wireless technology, Long Term Evolution 4G, data networking, voice technologies, and more. The auction was one of the final steps in Nortel's dissolution following bankruptcy. The proceeds will be used to pay back Nortel's creditors.

Reuters »

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SublimeDavid

Jul 1, 2011, 12:43 PM

Woop Dee Doo

😳 Yet another reason to give apple an even bigger stranglehold on technology. Of course now they will claim that they "invented" everything that nortel has achieved with their patents like they always do. Hello to many lawsuits a a higher ego, as if it couldn't get any worse at this point. Stupid government... 👿

DAntiVirus

Didn't get the memo from Steve Jobs and Apple that they DID in fact create the world? They just outsourced the job to God to do and only gave him 7 days to do it, thus the world is STILL getting patches! 🤣

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Pilgrim7

Did you guys at least read the title on the post?

'Apple, Microsoft, RIM Win Nortel Patents'
Did you read that Microsoft and RIM are also included on that line? #EPICFAIL

I'm under the impression that every time the word 'apple' appe...
(continues)

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