[Reuters] Google offers $900 million for Nortel patents

Posted by: UGN Security

[Reuters] Google offers $900 million for Nortel patents - 04/04/11 11:57 AM

TORONTO (Reuters) - Global Internet giant Google has bid $900 million for a warchest of patents from bankrupt Nortel Networks, in an initial "stalking horse" bid that's expected to draw in higher competing offers.