Nortel gets $4.5 billion for 6,000 patents and patent applications

I love patents. I love auctions (the strategies and its economic implications, etc). So I will try to spend some time to share my thoughts about the news of Nortel 6,000 patents and patent applications sold for $4.5 billion.

Here is some fun facts but more interestingly some details of the auction process itself. Note that the winning group of companies (see Apple, Microsoft, RIM) are not exactly friends, to put it diplomatically,

“A group of six companies — Apple, Microsoft, RIM, EMC, Ericsson and Sony — won the auction of 6,000 Nortel patents and patent applications with a $4.5 billion bid.”

Here is EuroNews report of the news.

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