Tuesday, March 03, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft launches Preview Program For Xbox 360
Khronos Reveals New Vulkan API for GPUs, AMD Kills Mantle
Sharp To Seek For A Second Bailout: Nikkei
Toshiba Develops STT-MRAM Circuit For High-performance Processors
Samsung Releases New Image Sensor and NFC IC For Mobile Devices
MWC: BlackBerry Unveils New Leap Smartphone
MWC: Zuckerberg Provides Update On Plan to Connect World
MWC: Panasonic Nubo Monitoring Camera Has 4G Connectivity
Active Discussions
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
 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
MWC: Zuckerberg Provides Update On Plan to Connect World
MWC: Microsoft Unveils The Lumia 640 and Lumia 640 XL
Microsoft Band Gets New Features
Internet Explorer To Support HTTP Strict Transport Security Protocol
Facebook Wants You Online Even When You Die
Facebook Unveils "6-pack" Networking Switch
Microsoft Buys Sunrise In A Smartphone Push
Facebook Expands Free Mobile Internet Service To India
Microsoft, Samsung Settle Patent Dispute
Bill Gates Sees Future In Robots
Facebook Introduces Place Tips in News Feed
Microsoft Brings Office To iOS and Android Devices

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 .