According to Nortel,' the extensive patent portfolio touches nearly every aspect of telecommunications and additional markets as well, including Internet search and social networking.' The final auction price of $4.5 billion is a dramatic increase from the $900 million that Google first offered for the patents back in April. The final winning bid was $4.5 billion and includes over 6,000 patents and patent applications covering wireless, 4G, networking optical, voice internet, semiconductors and more.

Rockstar Consortium Inc.
Key people
Traded as	NASDAQ:SPEX [None]
Industry	Patent monetization
Website	www.ip-rockstar.com

Rockstar Consortium Inc., originally named Rockstar Bidco,^[1] is a consortium formed to negotiate licensing for patents acquired from the bankrupt multinational telecommunications and data networking equipment manufacturer Nortel.^[2]^[3] Members of the consortium are Apple Inc., BlackBerry, Ericsson, Microsoft, and Sony.^[4] Rockstar is a patent holding non-practicing entity (NPE) and submitted the winning US$4.5 billion bid for the Nortel patents at a week-long auction held in New York in June 2011.^[5]

Spherix Incorporated, a company founded by Gilbert Levin, has acquired four families of mobile communication patents from the Rockstar Consortium in exchange for initial consideration of up-front cash and Spherix common stock.^[6] Rockstar will also receive a percentage of future profits from Spherix after recovery of patent monetization costs and an initial priority return on investment to Spherix.

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In 2012, Business Insider listed Rockstar as number 3 on its list of the 8 most fearsome patent trolls in industry.^[7] Wired magazine notes that some call them a 'straight-up patent troll'.^[8] Hindi full movie good boy bad boy.

In October 2013, Rockstar had initiated legal action against eight companies,^[9] including Google, Huawei and Samsung,^[10] as well as other makers of Android phones including Asustek, HTC, LG Electronics, Pantech, and ZTE.^[11]

In December 2013, Google initiated legal action against Rockstar, with a countersuit filed in San Jose, California.^[12]

In November 2014, it was reported that Rockstar and Google had come to a settlement.^[13]

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In December 2014, Rockstar agreed to sell 4000 of its patents to RPX Corporation, a defensive patent aggregator.^[14]

References[edit]

^McMillan, Robert (May 21, 2012). 'How Apple and Microsoft Armed 4,000 Patent Warheads'. Retrieved November 1, 2013.
^'Rockstar Consortium Launches Patent Attacks'. techweekeurope.co.uk. May 28, 2012. Archived from the original on 2012-06-01.
^Hill, Bert (April 18, 2012). 'Transforming Nortel's patents into gold: Rockstar Consortium sets up shop in Kanata'. Ottawa Citizen. p. D1. Archived from the original on April 19, 2012. Retrieved May 30, 2012.
^'Rockstar Consortium Receives Green Light From Department Of Justice'(PDF). Archived from the original(PDF) on 2012-03-24.
^'Star Man'(PDF). Archived from the original(PDF) on November 2, 2013. Retrieved September 8, 2013.
^'Spherix Closes Rockstar Patent Acquisition Transaction'(PDF). Retrieved September 8, 2013.
^'Tech's 8 Most Fearsome 'Patent Trolls''. 2012-11-25. Retrieved 2013-12-20.
^'How Apple and Microsoft Armed 4,000 Patent Warheads'. 2012-05-21. Retrieved 2013-12-20.
^'New Patent cases involving Rockstar'. Docket Alarm, Inc. Retrieved November 18, 2013.
^Levine, Dan (October 31, 2013). 'Google, Samsung, Huawei sued over Nortel patents'. Reuters.
^Mullin, Joe (November 1, 2013). 'Patent war goes nuclear: Microsoft, Apple-owned 'Rockstar' sues Google'. Ars Technica.
^Michelle Meyers (26 December 2013). 'Google fights back against Rockstar patent group'. CNET.
^Jeff John Roberts (20 November 2014). 'Apple-backed Rockstar ends patent war on Android, deal suggests'. GigaOM.
^Ashby Jones (23 December 2014). 'Rockstar Consortium to Sell 4,000 Patents to RPX Corp. for $900 Million'. Wall Street Journal.

Nortel Patents Fetch $4.5 Billions

Nortel Patents Fetch $4.5 Billionaire

Retrieved from 'https://en.wikipedia.org/w/index.php?title=Rockstar_Consortium&oldid=988729231'

See also[edit]

References[edit]

Nortel Patents Fetch $4.5 Billions

Nortel Patents Fetch $4.5 Billionaire