[Reuters] Apple, RIM in group buying Nortel's patents for $4.5 billion

Posted by: UGN Security

[Reuters] Apple, RIM in group buying Nortel's patents for $4.5 billion - 07/01/11 05:33 AM

TORONTO/BANGALORE (Reuters) - Apple Inc and Research In Motion are part of a winning consortium of six companies buying bankrupt Nortel Networks Corp's remaining patent portfolio for $4.5 billion, in a hotly contested auction that saw Google and Intel lose out.