Disqus
The bids for Nortel’s Wireless Unit, which has a lot of IP in the CDMA and LTE space, keep on coming in. Nokia Siemens Networks at $650 million, RIM at $1.1 billion, and now Ericsson at $730 million. According to The Global and Mail, Tuesday was the final day to place a bid in Canada, and the auction will take place in the United States on Friday. RIM “missed the boat” according to someone close to the auction; they wanted to skip the whole auction and just seal the deal. Whatever does end up happening, all this money exchanging hands just proves how crazy the market for intellectual property really is in the wireless space.
About The Author
Stefan Constantinescu
Stefan Constantinescu (@WhatTheBit on Twitter) has loved technology since as far back as he can remember. It started with computers, but in the past few years his passion has turned to mobile devices. As a mobile phone enthusiast who lives and breathes devices that connect to the internet, he knows he is not alone with this radical fascination of all things wireless. He is strongly opinionated and enjoys a good debate so leave comments in his posts and he’ll get back to you! Stefan began blogging as a hobby in the fall of 2006 and joined IntoMobile in the summer of 2007. Later he got a job at Nokia in March 2008, but as of June 2009 he has rejoined the IntoMobile team. He is currently based out of Helsinki, Finland.
