U.S. Greenlights Google's Nortel Bid
The U.S. Department of Justice has concluded that Google may proceed with its $900 million bid for a large collection of patents held by Nortel. Citing people familiar with the matter, the Wall Street Journal reports that the Justice Department has decided that there are no antitrust concerns were Google to come into ownership of the patents. Nortel has been auctioning off pieces of its business for years to settle bankruptcy debt. An auction for some 6,000 of its patents its scheduled to take place later this month. Other potential bidders include Apple and RIM
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.
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.
Google Makes LTE Patents Available Through Via Licensing
Via Licensing today said that Google has added its LTE patents to its broader pool of LTE patents. Via Licensing collects wireless patents from a broad range of companies with the intent of licensing them at fair and reasonable rates.