News tagged with nortel network corp

Icahn pushes Motorola to turn patents into cash

(AP) -- Shares of cellphone maker Motorola Mobility Holdings jumped to a four-month high Thursday after activist investor Carl Icahn disclosed that he's pushing the company to squeeze profits from its vast patent portfolio.

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created Jul 21, 2011 | popularity not rated yet | comments 0

Canada won't review $4.5B sale of Nortel patents

(AP) -- The $4.5 billion sale of Nortel's patent portfolio to a consortium including Research In Motion Ltd. cleared another hurdle Tuesday as the Canadian government said the deal does not need to be reviewed under the ...

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created Jul 19, 2011 | popularity not rated yet | comments 0

Judges in US, Canada approve Nortel patents sale

(AP) -- U.S. and Canadian judges have approved a $4.5 billion cash bid from a consortium that includes smartphone makers Apple and Research In Motion for patents held by bankrupt telecom-equipment maker Nortel.

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created Jul 11, 2011 | popularity not rated yet | comments 0

Ciena wins court approval for Nortel unit bid

(AP) -- Ciena Corp. won court approval Thursday to start bidding on Nortel Network Corp.'s optical and Ethernet division with an offer valued at more than $532 million.

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created Oct 16, 2009 | popularity not rated yet | comments 0