Google Bids On The Patent Assets of Nortel

April 5, 2011 Grant Griffiths
4 Comments - Leave a comment!

Google recently bid $900 million fro the patent portfolio of Nortel Networks.  It has been reported the bid is an effort to defend itself against patent litigation.

Nortel is said to be in bankruptcy and this is an auction of its assets.  The bid by Google may grow larger because of this too.  If Google is successful in its bid to acquire Nortel, the purchase would be the third-largest purchase by Google.  Small only to its payments for YouTube and DoubleClick.

For more on this, visit The New York Times

Bookmark and Share
4 Responses to Google Bids On The Patent Assets of Nortel
  1. Grant Griffiths
    April 5, 2011 | 3:08 pm

    RT @TheTechNewsBlog: Google Bids On The Patent Assets of Nortel http://bit.ly/eSr0X7

  2. Marc Mellotte
    April 5, 2011 | 3:35 pm

    RT @thetechnewsblog: Google Bids On The Patent Assets of Nortel http://bit.ly/eSr0X7

  3. Jayson Kim
    April 18, 2011 | 7:06 am

    After the first three generations in mobile telecommunications comes 4G. The fourth generation that is set to be the future of cellular technology, with analysts predicting a global scale commercial roll out from 2012 to around 2015!
    Jayson Kim

  4. Alan Son
    April 21, 2011 | 4:52 am

    There seems to be no end to Google’s spending power