Today's Hard|Forum Post
Today's Hard|Forum Post

Thursday December 25, 2014

Apple, Microsoft, Sony Sell Smartphone Patents For $900M

I'm confused, didn't these guys pay $4.5 billion for all these patents two years ago?

"Today's announcement is good news for our industry as it demonstrates our patent system working to promote innovation," said Erich Andersen, Vice President and Deputy General Counsel of Microsoft. "We joined Rockstar to ensure that both Microsoft and our industry would have broad access to the Nortel patent portfolio, and we're pleased to have accomplished that goal through this sale and our valuable license to the patents being sold."