What Gadget you are getting this Holiday?

View Results

Loading ... Loading ...
1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
Loading ... Loading ...

AOL patents are apparently up for grabs and a lot of companies are trying to lay their hands on it. Earlier, Microsoft had purchased AOL patents and then sold them to Facebook for a whopping $500 million. And now, AOL has sealed yet another deal with Microsoft, selling out nearly 75% of its patents to the software giant.


The deal raked in $1.056 billion, so it was not at all a bad deal for AOL who has little value for these patents. The best part for AOL is that it can continue to use the patents even after it has sold them to Microsoft.

The billion-dollar deal brings some 800 out of 1100 of AOL patents to Microsoft, lending Microsoft the non-exclusive license to the rest of the patents.

It is expected that these newly acquired patents by Microsoft will also go into a deal between the social network giant, Facebook and Microsoft. Microsoft had earlier too sold 600 of AOL patents to Facebook and is set to sell more of these to the company. Facebook is probably amassing these patents to safeguard it against any potential patent claims in the future.

AOL has lost the charm it had, as a company, to the users and so naturally, it has trying to adopting to the changed circumstances to survive. According to a statement issued by the company, “The closing of this transaction represents another major step for AOL in increasing value for our shareholders. You should expect us to continue our momentum of creating and unlocking shareholder value… to return more value to shareholders and… create long-term shareholder value.”

Source: AOL

Courtesy: The Verge

Buy Cheapest Related Product From Amazon.com


FCC Wants To Set New Safety Limits On Mobile Device Radiation

Nikon Brings 18-300mm Nikkor Zoom Lens For DSLR Cameras
You can also press the left/right arrow key on your keyboard to go to previous/next post
  On June 16, 2012(2 years, 2 months ago.)

Recent Products

Compare  
Buy Now | Compare  

What Do You Think?

Loading Disqus Comments ...
Loading Facebook Comments ...

Recent Search

Recent Tutorials

The trick will let you to check your Facebook messages in the original app without downloading Messenger and it works with both iPhone or Android phone.
Want to block all disgusting ads from your android device? Read the tutorial to know how you can block ads on your Android and save data.
Want to repair your memory card? It's very easy to fix corrupted or damaged memory card. In fact you can fix it by yourself.
Are you the one who is frustrated because of the speed of your Android device? No worries, the article will help you increase the speed of that device.
Lately, Google has updated its Google Docs. Now users can crop, rotate, and add borders to images in a document without leaving Google Docs.
Adobe CS products are not free, but the good news is you can now download Photoshop CS2 & all other CS2 product completely free and it's absolutely legal.
At the beginning level, many people don't know how to use Gmail properly. For them, a here's a helpful guideline.
Skype now allows you to call directly from your Outlook account. Find the step-by-step installation process from this tutorial.
This tutorial helps you quickly resolve four of the most common problems that occur with Windows XP.
After releasing Look Back, many people didn't like it. So Facebook planned to add an Edit tool to the feature and now you can edit your Facebook Look Back video.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook