Sunday, October 26, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Panasonic to Offload Sanyo's North America TV Business
Google's Pichai to Become Head of Product at Google: report
Internet Explorer 11 Toolkit Allows Enterprise Admins "Spy" On Their Employees
FCC Says Airwave Auction To Delay Until 2016
HP Broadens Moonshot Portfolio With Intel-powered Models
Microsoft To Keep Nokia Brand For Low-end Smartphones
LG Introduces Its First Octa-Core Application Processor
Cloud and Surface 3 Drive Microsoft's Revenue
Active Discussions
Copied dvd's say blank in computer only
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
 Home > News > General Computing > Microso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, April 23, 2012
Microsoft To Sell AOL Patents To Facebook


Microsoft is selling part of the patents bought from from AOL to Facebook for $550 million.

Microsoft and Facebook announced today a definitive agreement under which Microsoft will assign to Facebook the right to purchase a portion of the patent portfolio it recently agreed to acquire from AOL. Facebook has agreed to purchase this portion for $550 million in cash.

In the initial AOL auction, Microsoft secured the ability to own or assign approximately 925 U.S. patents and patent applications plus a license to AOL's remaining patent portfolio, which contains approximately 300 additional patents that were not for sale.

As a result of today's agreement, Facebook will obtain ownership of approximately 650 AOL patents and patent applications, plus a license to the AOL patents and applications that Microsoft will purchase and own.

Upon closing of this transaction with Facebook, Microsoft will retain ownership of approximately 275 AOL patents and applications; a license to the approximately 650 AOL patents and applications that will now be owned by Facebook; and a license to approximately 300 patents that AOL did not sell in its auction.

Facebook's latest move to bulk up its intellectual property comes in the wake of a lawsuit filed by Yahoo. Yahoo is alleging that Facebook infringed 10 Yahoo patents. Facebook countersued Yahoo in April, alleging that Yahoo infringes 10 of Facebook's patents.

In March, Facebook also acquired 750 patents from IBM.

Facebook is also preparing for an initial public offering that could value it at up to $100 billion.


Previous
Next
Skydrive Apps Updated, Bring More Storage, Functions        All News        3rd Generation Intel Core Ivy Bridge Processors Released
Skydrive Apps Updated, Bring More Storage, Functions     General Computing News      Adobe Releases New CS6 Software Suite

Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft To Keep Nokia Brand For Low-end Smartphones
Cloud and Surface 3 Drive Microsoft's Revenue
Facebook Returns To Chat Roots With Rooms App
Microsoft And Dell Puts Azure In A Box
Microsoft To Launch A Wearable Device Soon
Facebook Checks If Your Are Safe
Facebook And Samsung Executives Discuss Mobile, Content Collaborations
Microsoft CEO Apologizes For Suggesting Women not Ask for Raises
Facebook's WhatsApp Acquisition Finalized
Microsoft says Samsung owes Millions in unpaid Patent Royalties
Facebook To Battle Fake Likes
European Commission Approves Acquisition of WhatsApp by Facebook

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .