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Apple, RIM In Group Buying Nortel’s Patents For $4.5 Bln

Friday, July 1, 2011 | More »

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. Microsoft Corp, EMC Corp, Sweden’s Ericsson and Sony Cor...