This is one of those announcements without much meat but it will become clearer soon. RIM just announced that they were part of the Ericsson consortium that participated with companies like Apple, Microsoft, EMC, and Sony. The total winning bid came out to $4.5 billion and we know RIM put $770 million towards that. Ericsson put in $340 million but we are not sure how the other parties break down.
It is still unclear how these 6,000+ Nortel patents and patent applications will be split among the collective winners but there are some big ones in there. Nortel had patents on LTE technologies and many others. Google put in a previous bid for $900 million which is obviously nowhere near what the final bid was. Most assumed Google would make a serious bid because of all their patent issues recently but they seem to have skipped on the offer.
Check out more details in RIM’s press release or from Forbes
Thanks DW for sending this in!
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