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Tuesday, June 14, 2011

DOJ approves Google's bid for Nortel patents

DOJ approves Google's bid for Nortel patents

Google $ 900 million "horse chase" 6000 Nortel bid for patent has been approved by the Justice Department, which means that an auction is set to begin next week.
Are sold to Nortel in 2009 in an effort to pay off creditors after the bankruptcy of the property. Late 90s, Nortel's technology stock bubble in business now for 4 cents per share as high as $ 600 once the business is.

Google in April, the first bid was patent, but Apple, research proposal with resistance, Microsoft, AT & T, Verizon, Hewlett-Packard and Nokia, each of which met the objections filed.

Search giant's patents in a defensive move (which Each wireless 4G, data networking, optical sound, to join hundreds and semiconductor) as the acquisition by Oracle on its Android operating system, lawsuits and others fights look.

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