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Apple, RIM, others win Nortel patents at auction

A group of companies including Apple, Microsoft, Research In Motion, Sony, EMC and Ericsson offered the winning bid in an auction that will net them Nortel’s extensive portfolio of patents. The bankrupt telecommunications company held roughly 6,000 patents, and the six-company consortium’s winning bid came in at $4.5 billion. Among the big losers were Google, which opened the bidding at $900 million, and Intel. Patents within the massive cache cover a wide range of technologies including wireless, voice, networking, optical data transmission and 4G LTE. RIM said it would be responsible for $77o million of the winning bid, and Ericsson separately stated it would pay $340 million. The rest of the companies in the consortium did not disclose their contributions.

Zach Epstein

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content.

Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment. His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.