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RIM Said to Consider Bid Topping Google for Nortel Patents

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RIM Said to Consider Bid Topping Google for Nortel Patents
Research In Motion Ltd. is considering a bid for Nortel Networks Corp.’s portfolio of wireless technology patents that would top Google Inc.’s $900 million offer Source: Research in Motion via Bloomberg

April 15 (Bloomberg) -- Research In Motion Ltd. is considering a bid for Nortel Networks Corp.’s portfolio of wireless technology patents that would top Google Inc.’s $900 million offer, two people familiar with the plans said.

RIM, maker of the BlackBerry smartphone, is considering whether to bid alone for the assets or to potentially save money on a joint bid to stop Google acquiring all 6,000 Nortel patents and patent applications, one of the people said.

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To contact the reporter on this story: Hugo Miller in Toronto at hugomiller@bloomberg.net

To contact the editor responsible for this story: Peter Elstrom at pelstrom@bloomberg.net

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