Wednesday, 15 August 2018

Google aims to bulk up patent portfolio with $900m Nortel deal

By Mary Lennighan, Total Telecom
Tuesday 05 April 11

Internet giant acts as stalking horse in patent sale; hopes to arm self in patent wars with Canadian company's 6,000-strong patent portfolio.

Google has entered a stalking horse deal with Canada's Nortel Networks that could see it acquire around 6,000 telecoms and technology patents for $900 million in cash. However, Nortel could well expect to raise more from the sale, which subject to regulatory approvals will take place in June. "We look forward to what we hope will be a robust auction…

Google has entered a stalking horse deal with Canada's Nortel Networks that could see it acquire around 6,000 telecoms and technology patents for $900 million in cash. However, Nortel could well expect to raise more from the sale, which subject to regulatory approvals will take place in June. "We look forward to what we hope will be a robust auction…

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