Nortel delays patent auction due to 'significant' interest

Summary:The bankrupt telecoms company has put back the date of its auction of patents by a week due to a 'significant level of interest'

Nortel Networks has said it is putting off the auction for its 6,000 patents and applications due to a "significant level of interest".

The Nortel auction was moved from June 20 to June 27 to accommodate the increased interest. In other words, Google got the go-ahead from regulators to bid on Nortel's patents, but may wind up paying a lot more than $900m (£558m) if it wants the portfolio.

Likely bidders for Nortel's portfolio could include some of the companies that filed objections to Google's effort to bid on the patents: Apple, Research In Motion, Microsoft, AT&T, Verizon, HP and Nokia.

For more on this ZDNet UK-selected story, see Nortel patent portfolio draws bidding war: Apple vs. Google? on ZDNet.com.


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Topics: Legal, Piracy

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Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic. He was most recently Executive Editor of News and Blogs at ZDNet. Prior to that he was executive news editor at eWeek and news editor at Baseline. He also served as the East Coast news editor and finance editor at CN... Full Bio

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