All items tagged with "Rockstar Bidco"

Apple Strengthens Its IP By Acquiring Over 1,000 Nortel Patents

Apple Strengthens Its IP By Acquiring Over 1,000 Nortel Patents

Apple has been quietly acquiring sole ownership of Nortel patents.

Last year, Apple joined forces with Microsoft, Research in Motion, and Sony to form the “Rockstar Bidco consortium,” which outbid Google for more than 6,000 Nortel patents covering wireless and LTE technologies. Together, the consortium paid $4.5 billion for the portfolio, most of which — around $2.6 billion — came from Apple.

However, the Cupertino company has reportedly been quietly handing over more cash to secure sole ownership of select patents.

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