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May 2, 2011 09:05 pm

Court Approves Google's Bid For Nortel's IP

Meshach writes "A court had approved Google's bid to take ownership of Nortel's arsenal of $900 million worth of patents and patent applications. Other bidders will have until June 13 to submit competing offers. Unfortunately, neither shareholders of Nortel nor the company's employees waiting for a pension will see any of that money."

Read more of this story at Slashdot.



Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/R9MyeNUHsUA/Court-Approves-Googles-Bid-For-Nortels-IP

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