The last assets of Nortel Networks, the former high-tech giant, are to be auctioned Monday, as it sells off more than 6,000 patents. The bankrupt Canadian company was once a leader in research and development in the telecom industry.
Google has already aired a $900 million bid for the U.S. and international patents, which focus on mobile video and wireless networks, as well as Internet search. With the starting bid that high, it's likely the final price could easily top $1 billion.