Printed from http://www.electronista.com

Facebook to buy 650 AOL patents from Microsoft

updated 01:20 pm EDT, Mon April 23, 2012

Facebook increase patent library to fight lawsuits

Facebook is set to buy a large number of patents that Microsoft recently acquired acquire through an AOL auction. The deal, worth $550 million, lets Facebook own 650 AOL patents and patent applications, along with a license to the remainder that Microsoft retains.

The deal would leave Microsoft holding 275 AOL patents, a license for the 300 patents that AOL did not sell in the auction, and a license for the 650 Facebook will own. Microsoft originally paid $1.06 billion for the patent collection.

Facebook was rumored to have bought 750 patents from IBM last month, prompted by the Yahoo lawsuit against the social network, and is said to be in the process of building a sufficient patent library to avoid similar litigation efforts.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Cambridge Audio DacMagic XS

Every computer with a microphone or headphone port has one -- a digital to analog converter (DAC). There are nearly as many chipsets a ...

D-Link Wi-Fi Smart Plug

Home automation fans have been getting their fair share of gadgets and accessories in the last few years. Starting with light bulbs, a ...

Razer Kraken Pro headset

Gaming headphones are a challenge to get right, for a long list of reasons that are unique to the consumer buying them. Some shoppers ...

Sponsor

toggle

Most Commented

 
toggle

Popular News