Apple, Intel locked in as bidders for Nortel patents
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Both Apple and Intel have been cleared to bid in Nortel's vital wireless patent auction, contacts slipped out on Friday. After investigations, both have been allowed to go ahead. Ericsson had also been greenlit, according to the Wall Street Journal, and was being accompanied by RPX, a proxy company that buys patents to avoid them being used against its clients.
Google had already been approved and is considered the baseline at $900 million. It serves as a "stalking horse" meant to deter patent trolls as well as low bids from companies that might buy in solely to sue Android developers, such as Microsoft. »read more
More at: Electronista Add additional source
Filed in: AppleIntel