DOJ greenlights bid by Apple, Microsoft and RIM to buy Nortel patents

The US Department of Justice didn’t just give the go-ahead to Google’s acquisition of Motorola today, it also gave the greenlight to a $4.5 billion bid on Nortel’s patents from a consortium of companies including Apple, Microsoft and RIM (who have dubbed themselves Rockstar Bidco). Nortel’s portfolio includes some 6,000 patents, and the DOJ says the approval comes after it received clear commitments from Apple and Microsoft to license so-called standard essential patents on “fair, reasonable and non-discriminatory terms, as well as their commitments not to seek injunctions in disputes involving SEPs.” To round things out for the day, the Justice Department has also given its clearance to Apple’s acquisition of certain Novell patents, which have been held by CPTN Holdings pending approval. Its full statement can be found after the break. Continue reading DOJ greenlights bid by Apple, Microsoft and RIM to buy Nortel patents DOJ greenlights bid by Apple, Microsoft and RIM to buy Nortel patents originally appeared on Engadget on Mon, 13 Feb 2012 18:01:00 EDT. Please see our terms for use of feeds . Permalink    |  Department of Justice  |  Email this  |  Comments

Go here to see the original:
DOJ greenlights bid by Apple, Microsoft and RIM to buy Nortel patents

Read similar Posts:

Share and Enjoy:
  • StumbleUpon
  • Twitter
  • Facebook
  • Digg
  • Sphinn
  • del.icio.us
  • Mixx
  • Google Bookmarks
  • Ping.fm
  • Add to favorites
  • Print
  • email

Comments are closed.

Previous post:

Next post: