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Tag - RPX
The consortium win in Nortel's auction was headed by Apple against a Google that was at times difficult to take seriously, uncovered details from the inside have shown. The group, nicknamed "Rockstar," led almost from the start and was facing off against just Google by the very end. After already reaching $3 billion, the two sides seen by Reuters' observer bid in $100 million increments up to $4 billion, where Google "tapped out" even after getting special permission to continue past an earlier $3 billion limit.
Both Apple and Intel have been cleared to bid in Nortel's vital wireless patent auction, contacts slipped out on Friday. After investigations, both have been allowed to go ahead. Ericsson had also been greenlit, according to the Wall Street Journal, and was being accompanied by RPX, a proxy company that buys patents to avoid them being used against its clients.