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

Asus Chromebook C300

When Chromebooks hit the market back in 2011, consumers didn't know what to do with them. The low-cost laptops, powered by Google's Ch ...

Plantronics BackBeat Pro Bluetooth headphones

Looking for a pair of headphones that can do everything a user requires is a task that can take some study. Trying to decide on in-ear ...

Lemur BlueDriver

"Oh no, the check engine light is on…again! What one of the hundreds of reasons could it be this time? Probably going to cost a fort ...

Sponsor

toggle

Most Commented

 
toggle

Popular News