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RIM to outbid Google for remaining Nortel patents?

Written by Andre Yoskowitz (Google+) @ 17 Apr 2011 1:13 User comments (3)

RIM to outbid Google for remaining Nortel patents? Last week it was reported Nortel would sell all of its remaining 6000 patents and applications to Google for $900 million unless a rival bidder took a shot.
It appears that RIM may be willing to outbid Google, or at least start a bidding war with the search giant. RIM would be part of a consortium including at least "two other mobile phone makers" who will jointly try to outbid Google.

That patents cover wireless, 4G, data networking, optical, voice, and semiconductors.

Nortel has been selling off assets since going bankrupt in 2009.

Once trading as high as $600 a share in the tech bubble of the late 90s, Nortel shares now trade for 3 cents.

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3 user comments

117.4.2011 1:21

I dont think rim can take google on in this, this is way to valuable to let go.

217.4.2011 2:38

Originally posted by biglo30:
I dont think rim can take google on in this, this is way to valuable to let go.
Google definitely has much more money than RIM but the question is more along the lines of "How high is Google really willing to bid?"

"The only people who should buy Monster cable are people who light cigars with Benjamins." - Gizmodo

317.4.2011 17:21
dave112
Unverified new user

free publicity

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