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Nortel delays patent auction one week citing significant interest

Thursday, June 16, 2011 · 11:31 am · 10 Comments

Networks Corporation today announced that for reasons relating to the significant level of interest in its approximately 6,000 patents and patent applications, it is adjourning the commencement of the auction for the sale of such assets from June 20, 2011 to June 27, 2011.

Source: Nortel Networks.

Categories: Uncategorized

Tags: auction, Nortel, patents

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Comment Feed

10 Comments

NCG598

Thursday, June 16, 2011 - 11:35 am · Reply

Looks to get costly.
silverhawk1

Thursday, June 16, 2011 - 11:38 am · Reply

The ante just went up.
Ass path

Thursday, June 16, 2011 - 11:41 am · Reply

the anti-Apple DOJ requested postponement so they have more time to find a cause to deny Apple bidding rights and clear a path for GOOG to get it. Only other contender with cast is MSFT.
Ballmer's left nut

Thursday, June 16, 2011 - 11:47 am · Reply

They have to bring it closer to the date Lion is launched because Steve Jobs has a special download section in the Lion App Store for the patents to be vacuumed down into his lighter than air MBA.
Ubermac

Thursday, June 16, 2011 - 11:58 am · Reply

Goorgle will do no evil with these patents.
KenC

Thursday, June 16, 2011 - 12:22 pm · Reply

For a company with so many valuable patents, you have to wonder how they failed so badly.
Dave

Thursday, June 16, 2011 - 1:04 pm · Reply

Good. The delay will give me more time tomsave up to make a bid.
- Dave
  
  Thursday, June 16, 2011 - 1:12 pm · Reply
  
  I was just going to say that…
Dude Mcfarland

Thursday, June 16, 2011 - 3:18 pm · Reply

its gonna be pricey google has already indicated a starting bid of 900 million to cut out all the smaller companies who have shown interest.

basically 1 billion is the starting bid for everyone else.
castlebuono

Thursday, June 16, 2011 - 3:36 pm · Reply

Deep pockets will prevail.