Thursday, November 07, 2013
Xbox is worth nothing, only Android taxes protect it from axe !
Canada-based telecom Nortel went bankrupt in 2009 and sold its
biggest asset—a portfolio of more than 6,000 patents covering 4G
wireless innovations and a range of technologies—at an auction in 2011.
Google bid for the patents, but it didn't get them. Instead, the patents went to a group of competitors—Microsoft, Apple, RIM, Ericsson, and Sony—operating under the name "Rockstar Bidco." The companies together bid the shocking sum of $4.5 billion.
Patent insiders knew that the Nortel portfolio was the patent equivalent of a nuclear stockpile: dangerous in the wrong hands, and a bit scary even if held by a "responsible" party.
In 2011 Google placed an initial $900 million bid for Nortel's patents. Google increased its bid several times, ultimately offering as much as $4.4 billion.After losing out to RBX on the Nortel patents, Google went on to acquire Motorola Mobility for $12.5 billion, a deal driven partly by Motorola's library of patents.
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99% BAD HARDWARE WEEK: Strange coalitions.
Patents will be able to generate $4.5 billion or more in licensing fees is a dangerous assumption ? Eh, only Android royalties bring to Microsoft $2B each year :) But from arch enemy Google. Well, who would expect that coalition to save XBox from Sony's , RBX member too, Playstations.
Google bid for the patents, but it didn't get them. Instead, the patents went to a group of competitors—Microsoft, Apple, RIM, Ericsson, and Sony—operating under the name "Rockstar Bidco." The companies together bid the shocking sum of $4.5 billion.
Patent insiders knew that the Nortel portfolio was the patent equivalent of a nuclear stockpile: dangerous in the wrong hands, and a bit scary even if held by a "responsible" party.
In 2011 Google placed an initial $900 million bid for Nortel's patents. Google increased its bid several times, ultimately offering as much as $4.4 billion.After losing out to RBX on the Nortel patents, Google went on to acquire Motorola Mobility for $12.5 billion, a deal driven partly by Motorola's library of patents.
___________________________
99% BAD HARDWARE WEEK: Strange coalitions.
Patents will be able to generate $4.5 billion or more in licensing fees is a dangerous assumption ? Eh, only Android royalties bring to Microsoft $2B each year :) But from arch enemy Google. Well, who would expect that coalition to save XBox from Sony's , RBX member too, Playstations.
THIS LINK posted by Joseph Bell : 7:54 AM
