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Date:

1st July 2011

Apple and Microsoft group buys Nortel patents

Bankrupt telecoms Canadian firm firm Nortel has sold its remaining patent portfolio for $4.5bn (£2.8bn) to a consortium of six firms including Apple, Microsoft, Sony, Research In Motion, Ericsson, and EMC. Intel and google lost out in the bidding.

The sale included more than 6,000 patents and patent applications including areas such as data networking and semiconductors. The patents mark the last major assets to be sold by the company.

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NEWS

1st July 2011 -

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