[Reuters] Nortel, Google in $900 million patent deal

Posted by: UGN Security

[Reuters] Nortel, Google in $900 million patent deal - 04/04/11 02:20 PM

TORONTO (Reuters) - Bankrupt Nortel Networks has reached a deal to sell its patent portfolio to Google for $900 million, kick-starting an auction process for assets coveted as weaponry for a growing wireless patent war.