Nortel's Patents To Give Buyer A Boost Against Rivals

By Jacqueline Bell (June 20, 2011, 5:52 PM EDT) -- They might not face scrutiny by U.S. antitrust regulators, but whoever emerges as the winning bidder of bankrupt Nortel Networks Corp.'s massive patent portfolio at an impending auction will have a formidable weapon to wield against competitors, attorneys say.

Nortel's enviable patent portfolio of approximately 6,000 U.S. and foreign patents, and patent applications for wireless, data networking and semiconductor technology is apparently sought by several companies with deep pockets, Google Inc. and Apple Inc. among them.

Google secured a Delaware bankruptcy court's approval in May for its $900 million stalking horse bid, along with a $29 million breakup fee and expense...

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