Apple, Microsoft and RIM trump Google with $4.5bn bid for Nortel patents
Apple, Microsoft, RIM and Sony bought part of the consortium, the patent portfolio of bankrupt telecommunications company Nortel Networks
Apple, Microsoft, Sony, and BlackBerry maker Research in Motion are part of a winning consortium of six companies that have bought a tranche of valuable patents from the bankrupt Nortel Networks patent portfolio for $ 4.5 billion (? 2.8) in a highly competitive auction, Google, and Intel was losing.
Early indications had suggested that Google may offer the highest bidder for the patents, the valuable stuff home for the expected conflict in communication - and especially smartphones - field.
The result could be Apple and Microsoft the upper hand in any future patents lines. Microsoft is already extracting payments from a number of companies that Google 's Android mobile operating system used on the basis that it patents it owns against. Oracle has claimed major court case against Google that violated a number of Android Java patents, claiming $ 6.1 billion in damages.
Google had won the tender for the patents, it would have been protected in a better position to Android by patent infringement claims.
Cross-licensing deals effectively a truce: Large patent portfolios are often in a way tit-for-tat to a company and its intellectual property claims to defend from rivals used. As a relatively young company, Google has relatively few patents, which it can use for such offers.
Storage company EMC and Swedish telecommunications company Ericsson was also part of the winning consortium, for which the result was announced on late Thursday night announced.
The sale includes more than 6,000 patents and patent applications spanning wireless, 4G wireless, data networking, optical, voice, Internet, semiconductors and other patents. The most valuable ones are based on wireless broadband technology in the emerging 4G standards such as Long Term Evolution (LTE) is used.
Google had the bidding at $ 900 million in April. Apple and Intel, then quickly the auction. The three companies are relative newcomers to the increasingly contentious wireless industry, see the booming demand for smart phones and tablets.
Apple has recently completed a cross-licensing deal with Finnish mobile phone maker Nokia for a long-running series of patent infringement litigation. The settlement is expected to cost the U.S. company several million dollars per quarter.
"The size and dollar value of this transaction is unprecedented, as was the great interest in the portfolio among the largest companies around the world," said George Riedel, chief strategy officer and president of the business units at Nortel.
RIM 's part of the purchase price is approximately $ 770 million, while Ericsson paid $ 340m, the companies said in separate statements. Apple and Microsoft have not said how much they paid or how the property will be distributed to the patents - although the most likely scenario is that if the patents will be licensed the company, the payments in proportion to their contributions to receive.
The sale is subject to grant the Canadian and U.S. court, which shall at a joint hearing on 11 Take place in July will be sought, said Nortel.
Earlier on Thursday obtained a court Nortel, to further extend the suspension of proceedings under the Companies 'Creditors Arrangement Act until 14 December.
The patents are the last major assets of Nortel Networks, a once vast Canadian technology companies, like the tech bubble burst and imploded filed for bankruptcy protection are sold in January 2009.
Nortel increased by $ 3.2 billion to creditors through the sale of business units since then.
- Telecoms
- Telecommunications industry
- Mobile phones
- Smartphones
- Apple
- Microsoft
- Sony
- BlackBerry
Blog Archive
- 2013 (368)
- 2012 (500)
-
2011
(710)
- December(181)
- November(164)
- October(183)
- September(55)
- August(57)
-
July(53)
- PopCap chief: 'EA was a good fit for us'
- Amy Winehouse Leaves Ex-Husband Blake Fielder-Civi...
- DNA-based artificial neural network is a primitive...
- Phishing Ringleader Receives 12-Year Sentence, 38,...
- Canadian Officials Censoring Scientists Whose Resu...
- Apple Releases Another Security Update With iOS 4.3.5
- Apple patent application takes the hard keys out o...
- Demand Media Threatens Critic Blog
- Gateway updates its ID and NV laptops with USB 3.0...
- iPhone accounts for 65% of UK app users
- TI's updated Stellaris? EVALBOT opens the door for...
- SingStar creator's new startup explores social, mo...
- The Bill & Melinda Gates Foundation Call For The R...
- U.S soldiers in Afghanistan develop simple prosthe...
- New fluorescent protein allows scientists to see l...
- Smartphone news: RIM gains 1m in Europe, while Nok...
- Ridiculous Assertion: Righthaven Ruling Threatens ...
- According To Pfizer, A Clinical Trial Is A 'Market...
- Another Fair Use Debacle: Photographer Settles Bog...
- Skype calls on Facebook: A win-win-win
- PCM 2011 Diary: Stage 14 - Losing the Maillot Jaune
- Crowdflow tracks 880 iPhones across Europe, wants ...
- NoW scandal must not be used to rein in press
- Boot up: electrical turnoff, iPad apocalypse?, RIM...
- Wizard Of Oz Court Ruling Suggests Moviemakers Can...
- How to Make a Fire Starting Kit
- Nobody Doesn’t Like Molten Boron
- Megan Fox Considering Batgirl Role in Her Own Fran...
- The Latest Western Digital My Book Takes The Mac L...
- Lenovo Throws Laptop From a Plane, Gives It 10 Sec...
- OCZ, Corsair, Patriot and Crucial butt heads in SA...
- What to expect from Apple's Mac OSX 'Lion'
- Final Fantasy XII Hints XXVII (PS2)
- Firefox 6 Reaches Beta Stage, Now Available for Do...
- Pokemon headed to iOS, Android, Nintendo still doe...
- Resident Evil: The Mercenaries 3D – review
- Firefox 6 Beta Available for Download Soon
- 85 Percent of Firefox 4 Users Have Add-ons Installed
- Love in the time of Twitter
- Western Digital's My Book Studio jumps to 3TB, don...
- Apple's Mac OSX 'Lion' could arrive next Thursday:...
- Going to see a fireworks show? 7 Tips for Photogra...
- Social Networking Wars 2011: Everyone Cutting Off ...
- Wii U landing after April 1st 2012, may stream vid...
- Corsair's speedy, flaming red Force GT SSD goes on...
- Ashton Kutcher hits back at Village Voice on Twitter
- Chrome and Safari rise as IE and Opera fall in Jun...
- Firefighter F.D. 18 Hints (PS2)
- Tool Review: Stanley 55-119 FatMax FuBar
- Cool Site of the Week: MIT OpenCourseWare Program
- Apple, Microsoft and RIM trump Google with $4.5bn ...
- Firefox 5 Released
- Mozilla Developing In-Browser PDF Viewer in HTML5,...
- June(17)
- 2010 (3)
Blog Archive
-
▼
2011
(710)
-
▼
July
(53)
- PopCap chief: 'EA was a good fit for us'
- Amy Winehouse Leaves Ex-Husband Blake Fielder-Civi...
- DNA-based artificial neural network is a primitive...
- Phishing Ringleader Receives 12-Year Sentence, 38,...
- Canadian Officials Censoring Scientists Whose Resu...
- Apple Releases Another Security Update With iOS 4.3.5
- Apple patent application takes the hard keys out o...
- Demand Media Threatens Critic Blog
- Gateway updates its ID and NV laptops with USB 3.0...
- iPhone accounts for 65% of UK app users
- TI's updated Stellaris? EVALBOT opens the door for...
- SingStar creator's new startup explores social, mo...
- The Bill & Melinda Gates Foundation Call For The R...
- U.S soldiers in Afghanistan develop simple prosthe...
- New fluorescent protein allows scientists to see l...
- Smartphone news: RIM gains 1m in Europe, while Nok...
- Ridiculous Assertion: Righthaven Ruling Threatens ...
- According To Pfizer, A Clinical Trial Is A 'Market...
- Another Fair Use Debacle: Photographer Settles Bog...
- Skype calls on Facebook: A win-win-win
- PCM 2011 Diary: Stage 14 - Losing the Maillot Jaune
- Crowdflow tracks 880 iPhones across Europe, wants ...
- NoW scandal must not be used to rein in press
- Boot up: electrical turnoff, iPad apocalypse?, RIM...
- Wizard Of Oz Court Ruling Suggests Moviemakers Can...
- How to Make a Fire Starting Kit
- Nobody Doesn’t Like Molten Boron
- Megan Fox Considering Batgirl Role in Her Own Fran...
- The Latest Western Digital My Book Takes The Mac L...
- Lenovo Throws Laptop From a Plane, Gives It 10 Sec...
- OCZ, Corsair, Patriot and Crucial butt heads in SA...
- What to expect from Apple's Mac OSX 'Lion'
- Final Fantasy XII Hints XXVII (PS2)
- Firefox 6 Reaches Beta Stage, Now Available for Do...
- Pokemon headed to iOS, Android, Nintendo still doe...
- Resident Evil: The Mercenaries 3D – review
- Firefox 6 Beta Available for Download Soon
- 85 Percent of Firefox 4 Users Have Add-ons Installed
- Love in the time of Twitter
- Western Digital's My Book Studio jumps to 3TB, don...
- Apple's Mac OSX 'Lion' could arrive next Thursday:...
- Going to see a fireworks show? 7 Tips for Photogra...
- Social Networking Wars 2011: Everyone Cutting Off ...
- Wii U landing after April 1st 2012, may stream vid...
- Corsair's speedy, flaming red Force GT SSD goes on...
- Ashton Kutcher hits back at Village Voice on Twitter
- Chrome and Safari rise as IE and Opera fall in Jun...
- Firefighter F.D. 18 Hints (PS2)
- Tool Review: Stanley 55-119 FatMax FuBar
- Cool Site of the Week: MIT OpenCourseWare Program
- Apple, Microsoft and RIM trump Google with $4.5bn ...
- Firefox 5 Released
- Mozilla Developing In-Browser PDF Viewer in HTML5,...
-
▼
July
(53)
0 comments:
Post a Comment