Monday, July 4, 2011

Google Loses Nortel Patents to Apple-Microsoft Clique

Google Loses Nortel Patents to Apple-Microsoft Clique: "Despite all its money and its running start Google lost the marathon four-day auction this week for Nortel’s prized patents.
At close to midnight last night Nortel announced that the winner was the purpose-built consortium – understood to be dubbed Rockstar Bidco – that consisted of Microsoft, Apple, EMC, RIM, Sony and Ericsson.
The sextet is paying $4.5 billion for the 6,000 patents and patent applications that span wireless, wireless 4G, data networking, optical, voice, Internet, search, social networking, service provider and semiconductors and touch nearly every aspect of telecommunications.
If and how they’ll divvy up the spoils is unclear.
RIM said it was kicking about $770 million into the pot and Ericsson said it was contributing $340 million. So that means that Microsoft, Apple, EMC and Sony are supplying the other $3.4 billion, less per head than Google’s $900 million stalking horse bid that established the auction’s floor.

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