Apple, Microsoft, RIM pay out $4.5B for Nortel patents, Google sits alone in the corner

Bankrupt telecom company Nortel Networks announced on Friday that it had sold its juggernaut patent portfolio to a consortium made up of the likes of Apple, Microsoft, and RIM for a hefty sum of $4.5 billion cash.

“The size and …

DOJ clears Apple and Intel to bid on major Nortel patents

The Department of Justice on Friday gave the go-ahead to Apple and Intel to bid on Nortel’s highly valued patent portfolio. The two high-profile firms follow Google as potential bidders.

Nortel’s patents relate to all manner of technologies, including Wi-Fi, …

U.S. approves Google’s $900M bid for Nortel patents

The U.S. Justice Department’s antitrust authorities have approved Google’s $900 million bid for 6,000 Nortel patents, according to a Wall Street Journal report on Wednesday. The auction will take place June 20 and will likely change the legal landscape for …