Tech

Bad News For Google: Apple Leads A Group To Pay $4.5 Billion For Nortel Patents

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Apple led a consortium of tech companies to win a $4.5 billion bid for patents being sold by Nortel.

Microsoft, Research in Motion, Sony, AMC, and Ericsson were all part of the bidding group, who will get access to important mobile patents.

Who is missing from that list? Google, which started the bidding at $900 million.

This is really bad for Google, because it has the weakest patent portfolio of any major mobile company. That's why Microsoft has been able to sue Android partners and extract payments.

Via Bloomberg

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Jay was the executive editor of Business Insider. He oversaw day-to-day coverage on the site. He started as an intern at Business Insider in 2007. Before becoming executive editor he was running SAI, the technology section of the site.He has a degree from the University of Delaware in economics and a master's in journalism from NYU.