Nortel patent portfolio sells for $4.5 billion (Digital Trends)

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Digital Trends - The sell-off of bankrupt Canadian telecom giant Nortel is reaching its end stages, with a multi-day auction of over 6,000 patents and patent applications belonging to the company selling to a consortium including Apple, Microsoft, RIM, and others for some $4.5 billion in cash. The patents cover a wide range of wireless, 4G, data networking, Internet, voice, optical, and semiconductor technologies.

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