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Nortel Patents Go To Apple, Microsoft, Sony and Others

Posted by Soulskill on from the sold-to-the-gentlemen-with-the-predatory-smiles dept.

tcr writes "A consortium that includes Apple, Microsoft, RIM and Sony has been successful in its bid for the Nortel patent portfolio. The winning bid was $4.5 billion. TechCrunch predicts this could result in a slew of lawsuits directed at Android, but also suggests that the deal will likely receive scrutiny from the U.S. courts."

1 of 121 comments (clear)

  1. Patents should be abolished by Anonymous Coward · · Score: 4, Informative

    Patents are just ways for large companies to choke off competitors by getting a state granted monopoly on an idea.

    There are billions of dollars out there being wasted on patent litigation. That's money that could go into hiring more people and developing new products.

    I'm against monopoly. Why isn't everybody else?