Seeking Alpha

Nortel Networks is selling its massive patent portfolio for $4.5B, to a consortium of tech...

Nortel Networks is selling its massive patent portfolio for $4.5B, to a consortium of tech companies that includes Apple (AAPL), Microsoft (MSFT), and Research in Motion (RIMM). It's a negative for Google (GOOG), which was eying Nortel's patents to protect itself and its Android partners from a flurry of patent lawsuits.
From other sites
Comments (1)
  • Chris Lau
    , contributor
    Comments (1921) | Send Message
     
    After this transaction, RIMM will have 2.2B left, plus $750M less for share buybacks. That's just $1.45B left in cash assuming 0 free cash flow.

     

    Given RIMM's need for building out its QNX platform, how much R&D room will they have in their budget? Last year r&d cost over $1b.
    1 Jul 2011, 08:41 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector