Google is DOOMED now that the others have access to these patents seems to be the big headline, but I do not see that being the case unless Google tries to move in areas covered by the Nortel patents.

So while Google did not get these patents that as it stands seem to be unrelated to current Google activities, they did help force the others to pay a premium for them. It looks like they may have helped Nortel gain enough that the company might in fact be able to start anew. $1.5bln in seed money is pretty decent, as long as that does not get liquidated to investors. Interesting none the less.