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Rockstar consortium in talks to sell Nortel patents - report
2013-12-24 09:02:00| Telecompaper Headlines
(Telecompaper) A consortium created by Apple, Microsoft and other technology companies to acquire USD 4.5 billion of patents from Nortel Networks in 2011 is holding discussions to sell a portion of those patents, people with knowledge of the plans told Bloomberg. The group, called Rockstar Consortium, has recently been in conversations with possible buyers about the patents. Rockstar, which also includes BlackBerry, Ericsson and Sony, has had little success in landing large licensing deals for the patents, three of the people said. Apple and its bidding partners trumped an offer from Google Inc. for the patents. The deal, approved in 2012, gave the consortium access to about 4,000 patents and applications. Rockstar has already begun selling some of the patents. In July, intellectual-property company Spherix said it acquired a suite of patents from Rockstar. Spherix paid an undisclosed amount of cash and USD 1 million in stock, plus Rockstar will receive a percentage of future profits.
Tags: report
sell
talks
patents
Nortel Networks resolves more than $3 billion in bankruptcy claims
2013-12-17 20:33:42| Telecom - Topix.net
Nortel Networks Inc., a defunct telecoms company, has reached a deal that will cut more than $3 billion from what was allegedly owed to former Nortel entities in Europe, marking what it called a "significant milestone" to ending its five-year bankruptcy.
Tags: networks
claims
billion
bankruptcy
Canadian judge demands a reckoning of Nortel cash fight costs
2013-11-20 01:00:00| Total Telecom industry news
Canadian, U.S. judges to preside jointly over the trial, which will determine who gets the money from sale of Nortel
Tags: costs
cash
fight
canadian
Google, Samsung and others sued by acquirer of Nortel patents Rockstar
2013-11-01 12:10:17| Telecom - Topix.net
The Rockstar Consortium that acquired Nortel Networks' patents filed Thursday patent infringement suits against Google, Samsung, HTC and five other companies.
Tags: google
samsung
patents
sued
Nortel patent owners sue Google, Samsung, Huawei, HTC
2013-11-01 10:14:00| Telecompaper Headlines
(Telecompaper) The Rockstar consortium, which bought Nortel patents for USD 4.5 billion during the company's bankruptcy process, is suring Google, Samsung, Huawei, HTC, and three other company for patent infringements, Reuters reported. Rockstar, jointly owned by Apple, Microsoft, Blackberry, Ericsson and Sony, was able to outbid Google during the patent auction. Google is accused of infringing seven patents. The patents cover technology that helps match internet search terms with relevant advertising, the lawsuit said. A Google spokesman declined to comment. Representatives for Samsung, Huawei, HTC and Rockstar could not immediately be reached. Rockstar is seeking increased damages against Google, as it claims Google's patent infringement is willful, according to the complaint.
Tags: google
owners
samsung
patent