Google Loses Nortel Patents to Apple, Microsoft, Others

Google this week lost its bid to acquire 6,000 wireless technology patents held by Nortel, as a consortium of tech rivals offered up $4.5 billion for the portfolio.
Apple, EMC, Ericsson, Microsoft, Research in Motion, and Sony joined forces to purchase the patents, which cover wireless, wireless 4G, data networking, optical, voice, Internet, service provider, semiconductors, and other patent portfolios.
"Following a very robust auction, we are pleased at the outcome of the auction of this extensive patent portfolio", George Riedel, chief strategy officer at Nortel, said in a statement. "The size and dollar value for this transaction is unprecedented, as was the significant interest in the po... »read more

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