Wall Street Journal - "Tech Consortium Gets Nortel Patents For $4.5B"

As the IP world reacts to the outcome of the biggest patent auction in history - the sale of the Nortel Networks patent portfolio, which went to a consortium of companies for $4.5 billion - GPC's Alexander Poltorak was one of the experts quoted in "Tech Consortium Gets Nortel Patents For $4.5B" (Wall Street Journal, July 1, 2011).

Article excerpt:

According to Alex Poltorak, Chief Executive and Chairman of the New York based intellectual property firm General Patent Corporation, the deal is the largest of its kind, both in terms of number of patents sold and its price tag.

"Nobody expected the price to go this high," he said, describing the assets as a "goldmine of patents."

Read the full article on the Wall Street Journal website (subscription required).