Seek news on
InfoAnda
powered by
Google
Custom Search

Last text search :
2016 wso 2.5 rw-r
2017 #1 smp wso rw-r

wso-drwxr-xr-x-smp.php-(writeable).php
2017 #1 smp wso rw-r
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php


Tuesday, 12 July 2011 - Courts approve Nortel patent sale to Apple/RIM group |
  • Pakistanis angry over detentions in Times Sq. case
    Monday, May 24, 2010
    ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
    They
  • Taiwan denies boycotting Australian film festival
    Thursday, August 6, 2009

    AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
  • Merkel's support dips, regional ally resigns International
    Thursday, September 3, 2009

    By Sarah Marsh and Noah Barkin

    BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
  • Minister seeks closure of anti-Berlusconi websites
    Wednesday, December 16, 2009
    ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
  • Asian markets mixed after Wall Street rally
    Wednesday, March 18, 2009

    By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
  • Iraqi justice to probe case of Bush shoe assailant | 16 December 2008
  • Clay Aiken sounds off on `American Idol,' Lambert | 23 May 2009
  • New fears beset markets over Greece's debt | 19 April 2010
  • U.S. judge declares ban on gays in military unconstitutional | 10 September 2010


    Forum Views () Forum Replies ()

    Read more with google mobile : Courts approve Nortel patent sale to Apple/RIM group |

    Edition: U.S. Article Comments (1) Technology Apple-Samsung battle may spur supplier shakeup Target to sell new electronic reader Einhorn dumps Yahoo stake after Alipay dispute Exclusive: WikiLeaks loses Icelandic financial lifeline Social games firm DeNA seeks aquisitions Google's Schmidt sees room for many social networks Elpida to raise $990 million for new chips Verizon crunches numbers for you — or tries to Video: Microsoft taps student innovation More technology news Follow Reuters Facebook Twitter RSS YouTube Read Scientists find first superbug strain of gonorrhea 4:35am EDT US kidnap victim Dugard says why she couldn't escape 1:45pm EDT Assad loyalists storm U.S. and French embassies in Syria 4:14pm EDT Exclusive: EU calls emergency meeting as crisis stalks Italy 10 Jul 2011 Obama increases pressure on Republicans on debt | 4:32pm EDT Discussed 103 Jury resumes deliberations in Casey Anthony murder trial 89 Asia pollution blamed for halt in warming: study 79 Obama, lawmakers meet for 75 minutes on debt impasse Watched William and Kate take Hollywood by storm Sat, Jul 9 2011 Royal humor ahead of Polo match Sat, Jul 9 2011 Obama aiming for big debt deal Sun, Jul 10 2011 Courts approve Nortel patent sale to Apple/RIM group Tweet Share this Email Print Related News Murdoch delays BSkyB bid; Brown a hacking target 4:10pm EDT Samsung quarterly profit falls as weak LCDs overshadow mobiles Thu, Jul 7 2011 Bank of America $8.5 billion mortgage pact challenged Tue, Jul 5 2011 Google, Microsoft sued over map technology Tue, Jul 5 2011 Apple/RIM group top Google in $4.5 billion Nortel sale Fri, Jul 1 2011 Analysis & Opinion What damage could Rebekah Brooks do to News Corp? News Corp non-execs need to step up Related Topics Technology » Media » Steve Jobs » A sign is pictured outside Nortel's Carling Campus in Ottawa August 10, 2009. Credit: Reuters/Blair Gable By Tom Hals WILMINGTON, Delaware | Mon Jul 11, 2011 1:50pm EDT WILMINGTON, Delaware (Reuters) - Apple Inc, Microsoft Corp, Research in Motion Ltd and three other leading tech companies received court approval on Monday to buy wireless patents from the bankrupt Nortel Networks Corp for $4.5 billion. Judges in the United States and Canada approved the sale of 6,000 patents and applications, which fetched three times what some analysts expected from the four-day auction in June. Nortel Networks Corp filed for bankruptcy protection from creditors in January 2009 and courts in the two countries are overseeing the disposal of the company's assets as the former telecommunications giant winds down its operations. The group of six that won the auction, a collection that bid as Rockstar Bidco LP, also included EMC Corp, Ericsson and Sony Corp. The auction was "record breaking in terms of this case and in the patent industry generally," Lisa Schweitzer of Cleary Gottlieb Steen & Hamilton LLP, which represents Nortel, told a Delaware Bankruptcy Court hearing. The auction started with a "stalking horse" bid of $900 million by Google Inc, a company with a relatively small pool of wireless patents in a booming industry increasingly fraught with lawsuits over intellectual property. The price paid after 19 rounds of bidding indicated the lengths the Apple group was willing to go to thwart the mobile ambitions of Google, according to analysts. The winning group would likely try to maximize their return on the patents by using them to litigate against others, with Google and its Android mobile phone software first on the list, analysts said. Also bidding were Intel Corp and RPX Corp, which licenses patents to clients for a fee. Apple initially bid on its own, but partnered with the Rockstar group after round five. The sale spans wireless, data networking, optical, voice, Internet and semiconductor technologies. The most prized relate to emerging 4G standards such as long-term evolution (LTE). RECOVERY FOR BONDS? Several large technology companies such as Verizon Communications Inc and Hewlett-Packard Co objected to the sale. Most objections were resolved by reiterating the sale did not negate licensing agreements involving the patents included in the sale. Delaware bankruptcy judge Kevin Gross said it would be a "$4.5 billion mistake" not to approve the sale. The transaction is expected to close in about a month, according to Schweitzer. The money will become part of the Nortel estate and will eventually be distributed to creditors that range from suppliers to investors holding the company's bonds. "This is truly a 'wow' transaction," said David Botter of Akin Gump Strauss Hauer Feld LLP, which represents the official committee of creditors. This sale fetched a higher price than all of Nortel's other asset sales combined. Nortel has now raised almost $8 billion from asset sales. The July 1 announcement of the auction outcome pushed some of Nortel's bonds above par, indicating traders are speculating the money from the sale could lead to the certain bonds being paid in full. The hearing was held simultaneously by way of a telecast with the Ontario Superior Court of Justice, where it was approved by judge Geoffrey Morawetz. Nortel is based in Mississauga, Ontario. The case is In re: Nortel Networks Inc, U.S. Bankruptcy Court for the District of Delaware, No. 09-10138. (Reporting by Tom Hals; editing by Andre Grenon) Technology Media Steve Jobs Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (1) socratesfoot wrote: If they’d done that in the first place they wouldn’t have had to declare bankruptcy. Jul 11, 2011 4:45pm EDT  --  Report as abuse See All Comments » Add Your Comment Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

    Other News on Tuesday, 12 July 2011
    FBI says unsuspecting commuters carry drugs over Mexican border
    UK'S ex-PM Brown says he is a suspected phone hacking victim |
    Gas prices changin driving, spending habits of most Americans
    Race is on for regional, senior bowlers to qualify for Dick Weber PBA Playoffs
    Ex-media tycoon Black to return to jail on September 6 |
    Rebecca Black to release official follow-up to 'Friday'
    50 dead in Russian cruise ship sinking
    Russian space debris being monitored after Atlantis docks with ISS
    On-stage fire cuts short Rihanna concert
    French police interview Strauss-Kahn accuser Banon |
    After much scrutiny, HHS releases health insurance exchange rules
    'Acute social marginalization' of Dom community
    Israel passes law punishing settlement boycotters |
    NHL, NBC announce cooperative media sales deal
    Uganda to check Museveni birthday cake for poison |
    Apple files fresh patent complaint against HTC |
    Target to sell new electronic reader |
    RIM annual meeting likely to exacerbate investor ire |
    Courts approve Nortel patent sale to Apple/RIM group |
    Tainted electronics pose security threat: U.S. rep |
    Brad Paisley, Carrie Underwood to host CMA Awards |
    Brother of Afghan president killed: official |
    Russia says 128 likely dead in Volga river accident |
    Gunmen abduct two Americans in southern Philippines |
    Suspected U.S. missile strikes kill 30 militants in Pakistan |
    Egypt protesters reject PM offer of cabinet reshuffle |
    Federal Reserve to retain record-low interest rate
    Chinese court jails six for role in Guangdong riot |
    HOLD: Somalia’s pirates : Another ill-fated youngsters
    NL's Roy Halladay-AL's Jered Weaver take hill for All-Star Game
    The IHeartRadio Music Festival announced
    WikiLeaks' Assange in UK court extradition appeal |
    Ex-PM Brown claims reporters from Sunday Times, The Sun and others illegally obtained personal information
    France's Sarkozy says 1,000 troops to leave Afghanistan |
    Coheed and Cambria bass player arrested
    No-hio State: standout offensive tackle switches to Michigan
    Blacklisted group says Pakistan needs peace, prosperity |
    Exclusive: Key Apple patent lawyer to leave, source says |
    Sprint subpoenaed by 9 states over AT&T's T-Mobile bid |
    Retailers, cash rich, to spend on IT: report |
    HTC down after Apple's new patent lawsuit |
    Toshiba wants to be top maker of flash memory soon: president |
    Arnold Schwarzenegger back in Hollywood saddle, despite scandal |
    Rock musician uses cell phone stickup note in robbery |
    Appeals court orders Administration to confirm stance on DADT
    France says Libya political solution taking shape |
    U.S. and France step up pressure on Syria's Assad |
    Somalia’s pirates: Ransom cash 'Easy come easy go'
    Sudan, South Sudan plan new currencies after split |
    Too soon to blame climate change for drought
    Turkana reels from severe drought
    "Jersey Shore" star Vinny Guadagnino returns to show
    Afghan President Karzai’s half-brother assassinated
    Greek reporters accuse minister on police violence |
    Post Hines Ward arrest: Steelers-Ravens rivalry heats up on Twitter
    Black Eyed Peas announce they're taking a break
    Runoff in California for contentious House race
    U.N. says struggling with growing Somali exodus |
    Refugee: "I'm doomed to life at way station"
    WikiLeaks' Assange in UK court extradition appeal |
    Analysis: Doubt creeps in to tech valuations at Sun Valley |
    Cisco could eliminate as many as 10,000 jobs: report |
    Split Research In Motion in two, RBC analyst urges |
    China says piracy problem not extremely serious |
    Amazon seeks ballot measure to undo California tax |
    EU court says eBay should protect trademarks better |
    Sting and orchestra bring magic to Montreux jazz fest |
    Argentine singer Cabral killed by gangs: Guatemala |
    Rock musician uses cell phone stickup note in robbery |
    Greece at new risk of being pushed off euro
    Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
    Female Breasts Are Bigger Than Ever
    AMD Trinity Accelerated Processing Units Now in Volume Production
    The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
    AMD to Start Production of piledriver
    Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
    Islamists Protest Lady Gaga's Concert in Indonesia
    Japan Successfully Broadcasts an 8K Signal Over the Air
    ECB boosts loans to 1 trillion Euro to stop credit crunch
    Egypt : Mohammed Morsi won with 52 percent
    What do you call 100,000 Frenchmen with their hands up
    AMD Launches AMD Embedded R-Series APU Platform
    Fed Should not Ignore Emerging Market Crisis
    Fed casts shadow over India, emerging markets
    Why are Chinese tourists so rude? A few insights

    [InfoAnda] [Home] [This News]



    USD EUR - 1 year graph

    BlogMeter 1.01