Google has announced that it has to offer Nortel Networks portfolio of patents as a communications company to try to sell its assets and satisfy creditors. Describes this as "a deterrent for others to sue Google" while calling for patent reform, Kent Walker, Google's senior vice president and general counsel, confirmed that the offer of $ 900 million of giant research has been accepted as a "sham offer."
This means that the supply of Google cons of all the world will compete before the auction. According to Nortel, the sale will be approximately 6,000 patents and patent applications in progress "that includes wireless, 4G wireless data networks, voice, optical Internet service provider, semiconductors" in a portfolio that "affects almost all aspects telecommunications and other markets, including Internet search and social networks. "
The auction itself should take place in June 2011, but common shareholders should not expect to see any of Google - or anyone who holds the patent - in cash.
This means that the supply of Google cons of all the world will compete before the auction. According to Nortel, the sale will be approximately 6,000 patents and patent applications in progress "that includes wireless, 4G wireless data networks, voice, optical Internet service provider, semiconductors" in a portfolio that "affects almost all aspects telecommunications and other markets, including Internet search and social networks. "
The auction itself should take place in June 2011, but common shareholders should not expect to see any of Google - or anyone who holds the patent - in cash.
