4/5/2011

Google goes shopping for patents

Filed under: — Aviran Mordo

Google has made a $900m bid for the patent portfolio of Nortel Networks, the bankrupt Canadian telecom equipment maker.

The patents could help arm it against potential lawsuits aimed at its Chrome browser and Android mobile operating system.

Patents are becoming highly prized pieces of intellectual property.

Experts told the BBC they believe the final price could go well over $1bn and may be as high as $2bn.

The amount of money being put up illustrates how fierce the patent wars have become as companies like Apple, Google, Nokia and HTC become embroiled in lawsuits.

Powered by WordPress