Maths powers Google auction strategy

Google's bids for a pool of wireless patents were based on mathematical constants, say sources. The portfolio of 6,000 patents was auctioned to realise some value from the assets of bankrupt telecoms firm Nortel. During the sale, Google's bids were based on pi, other constants and the distance between the Earth and the Sun. Google lost the auction as a consortium including Apple and Microsoft made the winning bid of $4.5bn.

2011-07-04

 Google Apple Microsoft auction patent mathematics constant

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