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The following article was published in our article directory on April 12, 2011.
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Google 9 billion dollars to buy nortel networks 6,000 patents

Article Category: Business

Author Name: xia zihui

Google has announced $9 billion, will spend cash purchase nortel networks corp group holdings of the nearly 6,000 patents, mostly communication technology patent, and includes 4G technology, regarded as Google and nokia, MOTOROLA, apple to wait in communications launches "opponents" the important competition for capital.

Nortel networks is Canada well-known telecom equipment manufacturers, but it has in January 2009, filed for bankruptcy, and to sell patent, technology and business to raise funds for its creditors. It is understood that the it and Google agreed to cover stalking horse horse (", namely "agreement with the first candidate buyers in the deal, set aside regulation time before, to other bidders competition, and Google chance of the takeover will hold the first draft choice but acquisition can clinch a deal, will eventually to bid high and the final award shall prevail.

Nortel networks of 6000 many patents in the auction was the most notable owned "4G" communications technologies. Nortel networks have 4G communication technology of the patent of 105, seven of the core with qualcomm companies and SONY in the same level, behind nokia and Ericsson, these patents for will develop the fourth generation (4G) wireless communication technology is very attractive to Google.

If successful, the Google patent acquisition nortel not only in the areas of mobile software patent holdings will soar, more facilitate its foray into mobile communications, will also be its and oracle, apple and Microsoft are pointing between communication technology patent case help. "No matter how the trial results, nortel these patent was enough to make Android operating system development and application of the normal." Google officials say.

Nortel networks in the fourth quarter revenue in 2009 by the fourth quarter of 2008 to $21 billion to $7.94 reduction, drop as much as 62%, the main reason is because of customer nortel networks grim and economic weakness cut investment. Nortel networks, said all business and regional income appears landslides.

Nortel networks in January 2009, filed for bankruptcy protection, have been through auction assets to raise funds and pay creditors debts. Nortel networks for business restructuring without. Nortel networks will have fiber and Ethernet business equipment manufacturers sell fiber Ciena, will wireless business selling mobile communications equipment maker Ericsson to.

Nortel networks in the fourth quarter of 2009, 17.8 billion dollars net profit for the fourth quarter 2008 loss for $2.14 billion, of which are included and selling assets, the one-time gains and losses related jobs.

Nortel networks in the fourth quarter of 2009 than gross margin in 2008 for 38.3%, fourth quarter fell 2.7 percent.

Keywords: Modular Wall Systems Manufacturer, China Light Steel Frame Building

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