∞ Apple to bid for Nortel patents

Apple will join Intel, Ericsson and Google in bidding for the patents being sold by bankrupt Canadian company Nortel. The patent sale will be held on June 27, 2011. There are reportedly about 6,000 patents and patent applications on the auction block.

The patents include intelligence on wireless Internet technology and social networking. Nortel, which filed for bankruptcy in January 2009, has already sold most of its physical assets.

Apple, Intel to vie for Nortel patents: report [Reuters]