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Google has bid $900 million for the patent portfolio of Nortel Networks, the Canadian telecom equipment maker, as part of a strategy to defend itself against patent litigation.
The bid, which could grow even larger in Nortel’s bankruptcy auction, would be the third-largest purchase by Google, smaller only than its payments for YouTube and DoubleClick.
The amount of money involved signals how fierce the patent wars have become, particularly in Silicon Valley, where even the largest and most (...)