Microsoft-led group to pay $450M for 882 Novell patents

CPTN Holdings LLC, a consortium of technology companies organized by Microsoft, is purchasing 882 Novell patents for $450 million cash, according to a U.S. Securities and Exchange Commission filing submitted Monday by Novell.

The deal is part of the Attachmate acquisition of Novell, also announced Monday, and expected to close in the first quarter of next year. In the original announcement, Novell stated only that CPTN would acquire “certain intellectual property assets.”

Read more here: http://www.computerworld.com/s/article/9197724/Microsoft_led_group_to_pay_450M_for_882_Novell_patents

CPTN Holdings LLC, a consortium of technology companies organized by Microsoft, is purchasing 882 Novell patents for $450 million cash, according to a U.S. Securities and Exchange Commission filing submitted Monday by Novell.

The deal is part of the Attachmate acquisition of Novell, also announced Monday, and expected to close in the first quarter of next year. In the original announcement, Novell stated only that CPTN would acquire “certain intellectual property assets.”

Read more here: http://www.computerworld.com/s/article/9197724/Microsoft_led_group_to_pay_450M_for_882_Novell_patents