Wednesday, January 28, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Facebook Reports Strong Fourth Quarter
Qualcomm Cuts Fiscal 2015 Outlook On Lower Chip Demand
Cloud Cryptographic Algorithm Protects Personal Data
Spying Program Runs Global Internet Watch: CBC
PlayStation Meets Spotify
Facebook Intros Trending Super Bowl
YouTube Now Defaults to HTML5
HP Led The Notebook Market In 2014
Active Discussions
Need major help with Gigabeat
New match-3 puzzle game launch now!
Rimage 2000i
Sound card for my Laptop
hello
full screen wide screen
Hi
About the restriction problem of chapter quantity in DVD
 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 Reports Strong Fourth Quarter
Facebook Intros Trending Super Bowl
Microsoft Offers Power BI Business Intelligence Tools For Free
Internet Problems Temporarily Took Down Facebook, Instagram
Microsoft Reports Second Quarter Results
Facebook To Limit Fake News Stories
Deloitte Report Says That Facebook Adds More Than $200 billion to Global Economy
Facebook Seeks To Advance Its Virtual Reality Business
Facebook Steps Into The Office
Microsoft Launches the Lumia 435 and Lumia 532 Smartphones
Facebook Introduces AMBER Alerts
Microsoft Attacks Google Over Security Disclosures

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .