More Than 6,000 Former Nokia Patents Up For Sale

Law360, Los Angeles (August 25, 2017, 8:53 PM EDT) -- Nokia Corp. is unloading thousands of patents from Alcatel-Lucent after acquiring that company in a roughly $17 billion deal in late 2015, according to a transaction firm that said Thursday the intellectual property will be sold through an investor pool to venture-backed startups.

Aqua Licensing LLC is selling a large telecommunications patent portfolio previously owned by Nokia and developed by Alcatel-Lucent, the patent advisory and transaction firm said.

The portfolio has 4,260 patent families, including 6,069 granted patents and 734 patent applications, about 82 percent of which are former Alcatel-Lucent property, according to Aqua. The intellectual property is going for cash...

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