Nortel and RIM held wireless patent talks

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Apparently, Research In Motion has held talks with Nortel Networks on buying next-generation wireless patents that were not part of Nortel's $1.13 billion wireless asset sale on the weekend. On Saturday, bankrupt Nortel sold a portfolio of CDMA and next-generation LTE wireless assets to Swedish telecom equipment maker Ericsson. However, Nortel and RIM, the maker of Blackberry, have held negotiations on other key patents related to the next-generation wireless business "for months." By trying to buy the LTE patents still held by Nortel, RIM is aiming to future-proof its business and avoid having to license the technology later from another company.


Nortel and RIM held wireless patent talks