Tag: bid

RIM Considers Another Bid for Nortel’s Patent Portfolio

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RIM is once again considering acquiring the patents for Nortel’s CDMA and LTE technologies. Control over these patents will help ward off costly and untimely lawsuits that seem to plague every big player in the mobile industry. The patents will also go into developing wireless products and services for the next generation of mobile connectivity.

The bid will be rivaling that of Google’s $900-million bid on the entire set of set of over 6000 wireless patents. Google has been trying to grow the size of its mobile patent portfolio ever since they acquired Android Inc. in 2005.

RIM has been fighting for these patents for a couple of years now and seems poised to grab a least a small piece of Nortel’s formidable mobile patent portfolio.