Thursday, July 21, 2011

Nortel Portfolio: Apple's Contribution: $2.6B

From the latest 10-Q:

On June 27, 2011, the Company, as part of a consortium, participated in the acquisition of Nortel’s patent portfolio for an overall purchase price of $4.5 billion, of which the Company’s contribution will be approximately $2.6 billion. This asset acquisition is subject to approval by various regulatory agencies.

Prior Coverage:

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