Linked by Thom Holwerda on Sat 16th Apr 2011 08:30 UTC
In the News "Research In Motion Ltd. is considering a bid for Nortel Networks Corp.'s portfolio of wireless technology patents that would top Google Inc.'s $900 million offer, two people familiar with the plans said. RIM, maker of the BlackBerry smartphone, is weighing an offer that would keep Google from gaining control of about 6,000 Nortel patents and patent applications, said the people, who couldn't be identified because the plans aren't public. A group of technology companies, including mobile-phone makers, may also bid on the patents to stop Google, two people said. RIM, based in Waterloo, Ontario, is considering joining the group, one person said. Nortel's patents would allow buyers to control and license technology used in BlackBerrys, Apple Inc.'s iPhone, and devices that run on Google's Android operating system."
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Why not buy the company outright?
by bannor99 on Sat 16th Apr 2011 22:34 UTC
bannor99
Member since:
2005-09-15

Nortel ( may all their executives burn in hell ) has been in liquidation for almost 2 years and just sold their MultiService Switch business to Ericsson for a measly $65 million. I'm pretty sure that Google could have acquired the entire company for a lot less than 900 million

Reply Score: 2

elsewhere Member since:
2005-07-13

Nortel ( may all their executives burn in hell ) has been in liquidation for almost 2 years and just sold their MultiService Switch business to Ericsson for a measly $65 million. I'm pretty sure that Google could have acquired the entire company for a lot less than 900 million


RIM actually tried to acquire them during the first round of liquidation for a billion or so, specifically for the patents. Courts rejected the offer.

Reply Parent Score: 3