Phone Scoop

printed November 27, 2015
See this page online at:

Home  ›  News  ›

U.S. Greenlights Google's Nortel Bid

Article Comments  

Jun 15, 2011, 7:22 AM   by Eric M. Zeman   @phonescooper

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

more info at Wall Street Journal »



This forum is closed.

This forum is closed.

No messages

Page  1  of 1

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Subscribe to Phone Scoop on YouTube Follow on Instagram


All content Copyright 2001-2015 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.