• Apple Secures Portion of 6,000+ Nortel Patents

    Nortel's nuclear missel of a patent portfolio has finally been divvied up to the highest bidder. Or should I say bidders?

    Apple, RIM, EMC, Sony, Ericsson, and Microsoft made up the consortium that paid $4.5 bilion for the rights to the 6,000 plus patents Nortel held.

    The sale includes more than 6,000 patents and patent applications spanning wireless, wireless 4G, data networking, optical, voice, internet, service provider, semiconductors and other patents. The extensive patent portfolio touches nearly every aspect of telecommunications and additional markets as well, including Internet search and social networking.
    Google, who opened the bidding up at $900 million, appears to have reached the end of the baseball bat after everyone else and missed out. It is unclear who will get what among the members of the consortium. Common sense would assume the consortium would divide the patent portfolio based on the level of their investment. RIM reportedly threw $770 million into the pot and $Ericsson $340 million, as for the rest it is unknown. With $70 billion in cash laying around, I would venture Apple put in a sizable chunk.

    If the number of IP lawsuits lately between major players in the telecom and consumer electronics world are any indication, the owners of these newly acquired patents have a lot to gain from their investment. Particularly in regards to 4G network technology LTE, which 105 of the patents pertain to.

    However, the sale is still subject to approvals by the U.S and Canadian courts, and a hearing is expected to take place July 11th. It will be interesting to say the least to see what patents Apple secures when all the legal dust settles.

    Source: MarketWatch
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