Justice Dep't Approves Sale of Nortel's Patents

The consortium of companies who successfully bid on Nortel's patent portfolio last year received the go-ahead from the U.S. Department of Justice to proceed with the acquisition. That deal was struck last June by the Rockstar Bidco consortium -- a group of companies led by Apple that sought ownership of some 6,000 patents and patent applications from the bankrupt Canadian telecom equipment maker.

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