+ Reply
Results 1 to 3 of 3

Your favorite Apple, iPhone, iPad, iOS, Jailbreak, and Cydia site.


Thread: U.S. Justice Department Sanctions Apple's Nortel Patent Acquisitions

is a discussion within the

Mac News

forums, a part of the

General Apple/Mac

section;
It was a fantastic Monday in Cupertino. Not only did shares of Apple reach a new all-time high just north of $500, but the U.S. Department of Justice also approved
...
  1. #1
    MMi Staff Writer Michael Essany's Avatar
    Join Date
    Aug 2009
    Location
    Valparaiso, Indiana
    Posts
    3,724
    Thanks
    17
    Thanked 1,479 Times in 565 Posts

    Default U.S. Justice Department Sanctions Apple's Nortel Patent Acquisitions


    It was a fantastic Monday in Cupertino.

    Not only did shares of Apple reach a new all-time high just north of $500, but the U.S. Department of Justice also approved a plethora of Apple's recent patent acquisitions, the most famous - and controversial - of which are those formerly belonging to Nortel.

    As some will recall, Apple was joined last year by Microsoft, Research in Motion, and other huge names in the digital space in a bidding frenzy for some of Nortel's most coveted intellectual properties. The battle ultimately came down to Google and Apple fighting over some of the 6,000 patents possessed by the financially-decimated Canadian telecommunications equipment maker.

    Apple was among the small consortium of companies that coughed up the winning bid of $4.5 billion, Apple's portion of which was $2.6 billion.

    Although the U.S. Department of Justice signed off the auction results today, the governmental body also warned that it won't hesitate at any point in the future to "take enforcement action to ensure that essential patents - patents needed to ensure that devices sold by different companies are interoperable - were licensed fairly."

    Source: Reuters

  2. #2
    iPhone? More like MyPhone
    Join Date
    Nov 2010
    Posts
    129
    Thanks
    12
    Thanked 1 Time in 1 Post
    It's the cold war for patents right now. Pretty sad. Just think, if they weren't all so busy suing each other over (mostly vague and generic) software patents - they could really be plowing money into their products. This goes for all smartphone makers (except RIM... haha).

  3. #3
    iPhone? More like MyPhone Cellular's Avatar
    Join Date
    Oct 2011
    Posts
    116
    Thanks
    0
    Thanked 3 Times in 3 Posts

    My favorite tv show
    Patent Wars! (trademarked lol)

    Can't wait for next weeks episode...iTV vs. iTV join us at 7/8 central

Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts