Nortel's $4.5b patent portfolio sale to Apple, Microsoft and others approved [Times of Oman]

(Times of Oman Via Acquire Media NewsEdge) WASHINGTON: Apple and Microsoft, in a joint venture called Rockstar Bidco, won court permission to buy the patent portfolio of Nortel Networks for $4.5 billion after outbidding Google in the biggest patent auction in history. In a joint hearing yesterday, US Bankruptcy Judge Kevin Gross in Wilmington, Delaware, and Ontario...