Alcatel-Lucent (ALU +14.4%) says it is working with RPX Corp. (RPXC +7.2%) on a plan to license...

|By:, SA News Editor

Alcatel-Lucent (ALU +14.4%) says it is working with RPX Corp. (RPXC +7.2%) on a plan to license its portfolio of ~29,000 patents in areas such as fixed and wireless communications, semiconductors and network security. RPX buys and licenses patents and helps big companies avoid patent lawsuits; ALU expects to earn several hundred million euros from the arrangement.