New York: At the auction for Nortel Networks' wireless patents this week, Google's bids were mystifying, such as $1,902,160,540 and $2,614,972,128. Math whizzes might recognize these numbers as Brun's constant and Meissel-Mertens constant, but it puzzled many of the people involved in the auction, according to three people with direct knowledge of the situation on Friday. "Google was bidding with numbers that were not even numbers," one of the sources...
09:23 AM, Jul 02, 2011
Toronto: Apple, Microsoft, RIM and three other companies joined forces to outbid Google at an auction for Nortel wireless patents, a move that could result in big licensing fees for Google. The group of six, also including EMC, Ericsson and Sony, agreed to pay $4.5 billion for 6,000 patents and patent applications that bankrupt Nortel had put up for sale, including coveted 4G wireless technologies. The winning bid was three...09:13 AM, Jul 02, 2011
Toronto: Google should not be allowed to buy thousands of patents belonging to bankrupt Nortel Networks under current sale terms, Microsoft said on Monday, the deadline for bids in an closely watched auction. Microsoft, which claims a "worldwide, perpetual, royalty-free license to all of Nortel's patents" following a 2006 deal, said in a filing with a Delaware bankruptcy court that existing agreements should be transferred to any new owner of...07:41 AM, Jun 14, 2011
The tech giant suffered a loss of $5 billion last year. ...10:38 AM, Aug 11, 2009
Nortel has been operating under bankruptcy protection since January. ...01:23 PM, Jul 23, 2009
Telecom equipment maker seeks bankruptcy protection in Canada, US. ...11:15 PM, Jan 14, 2009
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