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

Samsung Galaxy S 5

The Samsung Galaxy S5 might be the phone that Android users have been craving for some time. Information coming out of Mobile World Co ...

STM Trust technology bag

The search for a good messenger bag that doubles as a laptop bag is something many travelers find themselves facing at least once. Bet ...

PenClic Bluetooth mouse

Windows 8 aside, computer users have been trained that a mouse is the proper way to navigate through the desktop for many years now. T ...

Sponsor

toggle

Most Commented

 
toggle

Popular News