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Items tagged with nortel
What’s that, you say? You’re sick to death of the high-stakes patent wars being waged by huge tech companies against one another? Well too bad, because if anything, things are just escalating. A consortium called Rockstar, which is comprised of Apple, Microsoft, BlackBerry, Ericsson, and Sony, is suing Google (and others) over an alleged violation of patents related to matching search terms with advertising, according to Reuters. Credit: Sam Howzit via Flickr When Nortel went bankrupt a few years ago, the Rockstar group outbid Google $4.5 billion to $4.4 billion for Nortel’s patents....
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Nortel Networks crashed and burned in spectacular fashion a few years ago, and ever since the company's remains have been hanging around and sniffed out by other major technology companies. Apple, Microsoft and RIM in particular have been on the hunt for the valuable Nortel patents that remain, and the United States Department of Justice's Antitrust Division just okay'd the $4.5 billion bid on those very patents from a cadre of tech companies. Here's the DOJ's quote: "After a thorough review of the proposed transactions, the Antitrust Division has determined that each acquisition is unlikely to...
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