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4G/3G/WiFi

Rumor: Nortel Seeks Bids for Its Patents

Nortel Networks Ltd. is soliciting bids for its patent portfolio, including its intellectual property rights (IPR) related to Long Term Evolution (LTE), according to a Dow Jones report.

The report suggests the bankrupt Canadian vendor is still deciding whether to sell its patents, for which it is seeking bids of around $1 billion, or to generate ongoing revenues from licensing its IPR.

Nortel admitted last year, after it sold its LTE product line to Ericsson AB (Nasdaq: ERIC) without including the related IPR, that it might look to sell its patents separately. (See Nortel Could Sell LTE Patents Separately and Nortel Wireless Winner: It's Ericsson!)

One potential bidder is BlackBerry , which has already shown more than a passing interest. (See RIM CEO Calls Nortel LTE Patents a 'National Treasure'.)

Nortel has little in the way of assets left to sell, having offloaded the majority of its applications, enterprise, wireless, and fixed infrastructure lines of business during the past year. See:



— Ray Le Maistre, International Managing Editor, Light Reading

brick&mortar 12/5/2012 | 4:36:15 PM
re: Rumor: Nortel Seeks Bids for Its Patents

My question to the community is what patents are for sale?


Did none of the asset sales include the IP related to each division?


Please don't tell me Ciena bought the MEN division but now has to buy the patents on things like coherent, BLSR, etc...

brick&mortar 12/5/2012 | 4:36:14 PM
re: Rumor: Nortel Seeks Bids for Its Patents

And Nortel had IPR related to BLSR dating back to 1988.


My question was -- did the MEN sale include all related patents and rights to IP?

joset01 12/5/2012 | 4:36:14 PM
re: Rumor: Nortel Seeks Bids for Its Patents

These are patents related to Long-Term Evolution (LTE) wireless technology. Nortel has IPR related to LTE dating back to 1998. RIM wanted to buy them, referred to them as a Canadian "national treasure", see:


 


http://www.lightreading.com/document.asp?doc_id=180236


http://www.lightreading.com/document.asp?doc_id=180246


 

joset01 12/5/2012 | 4:36:13 PM
re: Rumor: Nortel Seeks Bids for Its Patents

My understanding is that the LTE portfolio is the only IPR that Nortel held onto separately from its previous auctions.

Pete Baldwin 12/5/2012 | 4:36:10 PM
re: Rumor: Nortel Seeks Bids for Its Patents

The MEN sale included the relevant patents, so no need to worry there.

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