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Joint Venture Involving Apple and Microsoft Acquires Novell Patents For $450 Million
Foss Patents reports that a joint venture company involving Apple, Microsoft, Oracle, and EMC has acquired 882 patents from Novell for a sum of $450 million. Novell is undergoing a transition as it has been acquired by software company Attachmate, and the patent sale is part of the acquisition deal.
Breaking news: Twitter user @VM_gville just pointed me to the website of the German federal antitrust authority ("Bundeskartellamt"), which discloses a merger (or more precisely, joint venture) notification filed a week ago (on 09 December 2010), according to which the four companies behind CPTN Holdings LLC -- the acquirer of 882 Novell patents -- are Microsoft, Apple, EMC, and Oracle. The product market in which the newly formed company plans to operate is defined as "patents".
Three weeks ago I already commented on the recent announcement of Attachmate acquiring Novell and the sale of 882 Novell patents, in exchange for $450 million, to CPTN Holdings LLC. At the time, the full list of CPTN Holdings LLC partners was not known. The entity was described as a "consortium organized by Microsoft."