Bankrupt telecoms firm Nortel has sold its remaining patent portfolio for $4.5bn (£2.8bn) to a consortium of six firms including Apple and Microsoft.
The other consortium members are Sony, Research In Motion, Ericsson, and EMC.
The auction of Nortel's assets had been hotly contested, with Google and Intel losing out.
The sale included more than 6,000 patents and patent applications including areas such as data networking and semiconductors.
johnhh
9:47 pm on Jul 1, 2011 (gmt 0)
Hope some of that gets diverted into the pension scheme
SevenCubed
10:07 pm on Jul 1, 2011 (gmt 0)
Did you take a hit on that John?
walkman
10:29 pm on Jul 3, 2011 (gmt 0)
Amazing how many teamed against G. I have been following patent litigation on this and the big players don't want G to just come in and take over without any R & D. Remember the complaints of G scraping for G places or using copyrighted vids on Youtube? The big players here are pushing back now in a major way. [bing.com...]
johnhh
10:48 pm on Jul 3, 2011 (gmt 0)
No not me - But I know a few , they didn't pay into the UK scheme for 10 years.. article in my Sunday Times business section this Sunday on the arguments raging in Canada.
Although many years ago I worked at STC which became Nortel - um - i wonder if they owe me ...