Rivals Band Together Against Google to Buy Patents
Nortel offloads 6,000 patents for $4.5 billion
Big names like Apple, Microsoft, and Research in Motion put rivalries aside in order to win a bid for 6,000 Nortel patents up for auction. A consortium of six companies, also including EMC, Ericsson, and Sony, shelled out $4.5 billion for the bundle of mobile patents, representing a landmark auction for Nortel.
The winning bid technically went to an unknown company, Rockstar Bidco LP, which had lawyers scratching their heads trying to figure out who the newcomer was.
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