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Facebook (FB) has agreed to purchase a portion of the patents and patent applications Microsoft...
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Monday, April 23, 2012, 12:14 PM ETFacebook (FB) has agreed to purchase a portion of the patents and patent applications Microsoft (MSFT) acquired from AOL for $550M in cash. Facebook will receive 650 of AOL's patents and applications through the deal, while Microsoft will hold onto 275, as well as a license to the ones it's selling. Microsoft paid $1.056B for AOL's portfolio, reportedly trumping a Facebook offer in the process.
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This news story has 4 comments:
The Skype acquisition had me worried, but this is awesome.
MSFT still gets to use them- FB is not a competitor- wow.