When Google first made the "stalking-horse" bid on the Nortel patent portfolio in early April, it was all but assumed that they would push hard and win the rights to the patents. They were hardly the only bidder — RIM and Apple were definitely involved — but still, after the DoJ quickly cleared Google to bid, it seemed to many (including many at Google) that they would prevail. Not so. Instead, Nortel has announced this evening that a consortium has won the bidding at a cash price of $4.5 billion. So who is in this consortium? Apple, Microsoft, RIM, Sony, and others — essentially, it's everyone but Google, it seems.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/cgO6wmFbxlY/
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