Justice Department to Keep Its Eye On Nortel Patent Auction
The U.S. Department of Justice plans to overlook the bidding process for a huge number of patents held by Nortel. Nortel, which went bankrupt, has been auctioning off pieces of its business units since 2009. One of the last remaining pieces contains 6,000 patents pertaining to Long Term Evolution, Wi-Fi, social networking, and wireless video. Google has already submitted a $900 million stalking horse bid for the patents. Apple and RIM are also interested in the patents. The reason this auction has caught the Justice Department's eye is because the firm that wins the patents could "hobble" competitors, according to sources cited by the Wall Street Journal. In particular, the Justice Department has conducted talks with Apple concerning the patents because it considers Apple to be litigious when it comes to intellectual property rights. The auction is scheduled for June 20.
Apple's Patent Consortium to Sell 4,000 Patents for $900M
Rockstar Consortium, a patent-holding company headed by Apple, has agreed to sell more than 4,000 mobile patents for about $900 million. Apple and partners Microsoft, BlackBerry, Ericsson, and Sony paid $4.5 billion for more than 6,000 patents from Nortel four years ago in order to help protect against litigation.
Apple Cleared of Violating Conversant Patents
Apple was exonerated in a Texas courtroom Monday where a jury found it had not infringed on five wireless patents held by Conversant Intellectual Property Management. Core Wireless, a Conversant subsidiary, sued Apple in 2012 over a dozen patents.
FCC and Justice Dept. Likely to Approve AT&T-DirecTV Deal
The FCC and Department of Justice are wrapping up their review of AT&T's proposed $49 billion acquisition of DirecTV and don't have any real concerns, according to people familiar with the matter. The agencies may still impose conditions on the deal, but aren't likely to block it, says the Wall Street Journal.
Google Settles with Rockstar Over Patents
Google disclosed this week that it has settled a lawsuit filed against it by Rockstar regarding mobile device patents. Rockstar is a patent-holding consortium led by Apple.
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