The high-profile patent lawsuit between Google and the “Rockstar Consortium” is drawing to a close. Google has signed a “term sheet” with Rockstar which will be finalized as a settlement in the coming weeks.
The lawsuit has been closely watched, especially because Rockstar is owned by some of Google’s chief rivals in the smartphone industry: Apple, Microsoft, Blackberry, Ericsson, and Sony. The Rockstar group was created in 2011, and it bid $4.5 billion for the large patent portfolio of Canada-based Nortel, which went bankrupt in 2009.
None of the terms of the Google-Rockstar settlement have been made public so far. The news comes days after it became public that Cisco expects to take a $188 million charge to settle its own patent dispute with Rockstar, which sought royalties from at least a dozen Cisco customers.
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