Thursday, April 17, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Amazon Announces Kindle Service For Samsung Devices
Nokia Halts Sales Of Lumia 2520 Tablet
TSMC Reports Quarterly Profit
Toshiba Debuts World's Fastest microSD Memory Cards
PlayStation 4 Sales Surpass 7.0 Million Units
Google Reports Lower Than Expected First Quarter revenue
AMD Demonstrates Next-Gen x86 APU Running Fedora Linux
Lenovo Introduces A to Z and FLEX 2 series Of Laptops and Desktops
Active Discussions
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
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 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
Facebook To Challenge Paypal With Mobile Payment Services
Facebook Updates Its Transparency Report
Facebook Tries To Clean Up News Feed Spam
Facebook To Require Separate Mobile App for Messages
Facebook To Show Bigger Ads
China Approves Sale of Nokia's Business to Microsoft
Microsoft Announces New Cloud Tools
Microsoft Previews .NET Native Platform For App Developers
Microsoft Says It Won't Search Users' Emails For Stolen Property
Facebook To Offer Internet Access Through Planes and Lasers
Microsoft and Dell Sign Patent Licensing Deal
Facebook Has More Than billion Active Mobile Users

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 .