Heavyweights square up in lawsuit over former Nortel patents

The consortium that bought thousands of Nortel patents for $4.5B in 2011 has sued Google (GOOG), Samsung (SSNLF, SSNGY), HTC (HTCCY), Huawei and four other companies for infringing some of the IP.

The group, called Rockstar, is owned by Apple (AAPL), Microsoft (MSFT), Blackberry (BBRY), Ericsson (ERIC) and Sony (SNE).

The patents cited in the suit cover technology that enables targeted advertising on Internet search results - the core of Google's money making machine.

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Comments (12)
  • happyshorter
    , contributor
    Comments (1372) | Send Message
    This will be fun to watch!
    1 Nov 2013, 06:03 AM Reply Like
  • farmwersteve
    , contributor
    Comments (348) | Send Message
    If this is truly the case, then Google is I for a heap if trouble


    Especially, since they tried to buy those very Patents


    So, this potentially means that BlackBerry's patents are worth something


    I hope BlackBerry stays public long enough for the BlackBerry shareholders to make some money from Google
    1 Nov 2013, 06:34 AM Reply Like
  • gensearch2
    , contributor
    Comments (1556) | Send Message
    I'd bet that BlackBerry's IP has a good amount of value. Not near enough to justify $8 a share.


    I doubt that any royalities obtained by Rockstar are divided equally among the participants. They are certainly distributed according to the amount of cash contributed by each player. I doubt BlackBerry put in a large share.
    2 Nov 2013, 08:20 AM Reply Like
  • consultnick
    , contributor
    Comments (404) | Send Message
    $hootout at the OK Corral....in ever-agonizing SloMo....roller coaster for shareholders, and in the end--the lawyer$ always prevail. They will be vastly enriched, but little else will be achieved, if history is any guide.
    1 Nov 2013, 06:40 AM Reply Like
  • gensearch2
    , contributor
    Comments (1556) | Send Message
    Rockstar bought the patents for some reason. This could be a good reason. Jobs is smiling somewhere.
    1 Nov 2013, 07:21 AM Reply Like
  • GRojasHruska
    , contributor
    Comments (98) | Send Message
    Lol finally, I remember the allegations that Huawei hacked Nortel showing up in the Globe and Mail, at the time I felt like the only curious person!
    1 Nov 2013, 09:15 AM Reply Like
  • atnmpg
    , contributor
    Comments (57) | Send Message
    This is a good news only if it motivates someone to buy BBRY for at least $8B
    1 Nov 2013, 09:29 AM Reply Like
  • rjgood
    , contributor
    Comments (233) | Send Message
    GOOG is in a very precarious position, with mainly one business model...advertising. Plus, MSFT is on track to receive $5 billion in "licensing" fees from Android OEMs. And Chrome has an extremely small market share.


    I refuse to take a position in GOOG for exactly that reason...when Advertising is seriously threatened, watch out below!


    This lawsuit may not be the threat to their advertising model yet. AdBlock browser add-in may not be the treat yet. But something will threaten web/device advertising in a big way...eventually.
    1 Nov 2013, 10:33 AM Reply Like
  • ispank
    , contributor
    Comments (1149) | Send Message
    With the serious law suit at the wing today, and even though advertising is mainly Google business model with so many other expansions such as Google glass, Android, Nexus 5, Chromecast, driverless car, health care, just to name a few, Google still remaining Wall Street darling, its stocks shooting high rockets. Rumor says that GOOG got the approval of the court for splitting its stocks.
    1 Nov 2013, 11:33 AM Reply Like
  • LYogi
    , contributor
    Comments (3225) | Send Message
    If I'm on the Board at Blackberry I'm licking my chops over this development.


    Blackberry has now become the swing vote in the patent wars.
    1 Nov 2013, 10:35 AM Reply Like
  • thinker75
    , contributor
    Comments (10) | Send Message
    With Blackberry dropping below $8. this might be a good time to buy some Calls?
    1 Nov 2013, 12:57 PM Reply Like
  • Mr. Durden
    , contributor
    Comments (25) | Send Message
    It is below $8.
    1 Nov 2013, 02:06 PM Reply Like
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