“Patents are everything in the technology industry, and even more so in a sue-happy place like Silicon Valley,” Zibreg reports. “Whoever wins the bid gets to control thousands of wireless patents said to be worth an estimated $1 billion. Clearly, there are people willing to pay big bucks to own Nortel’s intellectual property as a shield from infringement lawsuits.”
Zibreg reports, “Should Apple get them, the company could theoretically seek royalties from everyone else in the industry while creating a disincentive for others to sue Apple, to paraphrase Google’s counsel. This might be especially unpleasant for Android handset makers, as Google’s open-sourced software is said to be a patent bomb waiting to explode.”
Read more in the full article here.
[Thanks to MacDailyNews Reader "Fred Mertz" for the heads up.]
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