Approved

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 tech companies.

Distributed wireless-network co. NextG Networks beams in $50M

NextG Networks, a San Jose, Calif., developer of fiber-optic distributed-antenna systems for wireless communications, raised $49.8 million in a third funding round. Investors included Oak Investment Partners and Gabriel Venture Partners.