The latest from TechCrunch
- Ricoh Plans To Expand Camera Business, Buys Pentax Brand From Hoya
- Who Won The 6,000+ Nortel Patents? Apple, RIM, Microsoft — Everyone But Google
| Ricoh Plans To Expand Camera Business, Buys Pentax Brand From Hoya | Top |
| Camera brand Pentax will soon have a new owner: Tokyo-based Hoya group, which purchased the brand in 2007, is ready to sell [notice of sale as an English PDF] it to Ricoh in October this year. According to Japanese business daily The Nikkei, the office equipment maker plans to pay an estimated US$124 million for Pentax. Read more… | |
| Who Won The 6,000+ Nortel Patents? Apple, RIM, Microsoft — Everyone But Google | Top |
| When Google first made the “stalking-horse” bid on the Nortel patent portfolio in early April, it was all but assumed that they would push hard and win the rights to the patents. They were hardly the only bidder — RIM and Apple were definitely involved — but still, after the DoJ quickly cleared Google to bid, it seemed to many (including many at Google) that they would prevail. Not so. Instead, Nortel has announced this evening that a consortium has won the bidding at a cash price of $4.5 billion. So who is in this consortium? Apple, Microsoft, RIM, Sony, and others — essentially, it’s everyone but Google, it seems. Ouch. This means that over 6,000 patents will now be in the hands of these winners. And that sort of sucks for Google because losing the bidding means that they still control less than 1,000 patents. And that in turn means lawsuits. As in, Google is going to keep getting sued because they are vulnerable. That not good news for Google, but it’s the way it’s going to be. Well, provided the courts approve the bidding results. The deal is still subject to review by the courts in the U.S. and Canada. And given the companies that “won”, it seems likely that a lengthy review will take place. The Microsoft and Apple winnings are likely to be the most scrutinized, as the two of them stand to gain the most from the auction results. Google has yet to give a statement on the matter, but you can bet they will lobby against the auction results. Nortel hopes to close the process by Q3 2011. Good luck. | |
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