/// Apple and Intel Could Raise Ante in Google’s Play for Nortel Patents
Earlier this week Nortel postponed the bankruptcy auction for its collection of 6,000-plus wireless patents by seven days, citing a “significant level of interest” in them. Now the source of that interest has been identified: Intel, Ericsson AB and patent risk solutions provider RPX , who’ve all been accepted as qualified bidders in the June 27 auction. Also qualified as a bidder: Apple, which, as AllThingsD reported back in December , has been sniffing around Nortel’s IP for months now. With these four participating in the auction for Nortel’s portfolio, it seems almost certain Google will have to raise its $900 million “stalking-horse bid” if it hopes to prevail. Already some private equity investors are saying the final price on the patents may reach $1.5 billion if a real bidding war erupts over them.
Here is the original post:
Apple and Intel Could Raise Ante in Google’s Play for Nortel Patents
- 12/06/2013 • FCC Will Delay Spectrum Auction Until 2015
- 08/03/2013 • "Luminary" Access Site IfOnly Officially Launches With $3M in Funding From Tech Luminaries
- 07/07/2013 • Antiques for Geeks: Christie’s Auctions Vintage Apple Computers
- 07/03/2013 • For $90,000, This Had Better Not Be Held in the Yahoo Cafeteria