Apple, Microsoft, RIM Win Nortel Patents
Nortel announced late Thursday that a consortium of six different companies have won its 6,000 patents in an auction that took place this week. The list of winners includes Apple, EMC, Ericsson, Microsoft, RIM, and Sony. Not among the winners was Google, which placed the initial $900 million stalking horse bid, and Intel. According to Nortel, the patents won a total of $4.5 billion from the six companies involved. RIM indicated that it spent $770 million in the auction, while Ericsson said it paid $340 million. The other companies involved have not shared the dollar value of their bids. The 6,000 patent chest contains patents pertaining to wireless technology, Long Term Evolution 4G, data networking, voice technologies, and more. The auction was one of the final steps in Nortel's dissolution following bankruptcy. The proceeds will be used to pay back Nortel's creditors.
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.
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.
BlackBerry Sues Nokia Over Patents
BlackBerry filed a patent infringement lawsuit against Nokia this week. BlackBerry claims Nokia is using its patented technology in select telecommunications equipment that Nokia sells to network operators, such as T-Mobile, without the proper licenses.
AWS-3 Auction Slows as Bids Near $42 Billion
The FCC today made another change to how participants in the AWS-3 spectrum auction place their bids. Before round 68, interested parties had to make bids on 80% of the licenses for which they were eligible.
Woop Dee Doo
'Apple, Microsoft, RIM Win Nortel Patents'
Did you read that Microsoft and RIM are also included on that line? #EPICFAIL
I'm under the impression that every time the word 'apple' appe...