Microsoft to sell Facebook patents - KWWL - Eastern Iowa Breaking News, Weather, Closings

Microsoft to sell Facebook patents

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Microsoft says it will sell some of the 935 patents it bought from AOL less than a month ago, to Facebook.

In March, Microsoft paid AOL more than billion dollars for the rights to 935 patents.  Now, according to reports from the New York Times, Microsoft will sell 650 of those patents to Facebook for $550 million.

Facebook will also gain rights to the remaining patents held by Microsoft.

The patents involved technologies including Internet search.

 

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