CPTN Holdings, A Front For Microsoft and Other Tech Companies, Acquire 882 Novell Patents
CPTN Holdings is an organization that has acquired 882 patents from Novell as part of a deal with Attachmate. CPTN Holdings is a front for a group of companies that include Microsoft, Apple, EMC, and Oracle.
This past November Attachmate announced that they would acquire Novell for $2.2 billion. At the same time as the acquisition announcement, Novell said that they plan to have a concurrent sale of I.P. assets to CPTN. The patents were sold for $450 million in cash. CPTN was actually organized by Microsoft and it is unknown how the patents will be divided between the companies.
[ZDNet]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry