1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
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(4 years, 3 months ago.)

You May Also Like:

What Do You Think?

Leave a Reply




Loading Facebook Comments ...

FTC Disclosure: Some of the links of this website are "affiliate links." This means if you click on the link and purchase the item, we will receive an affiliate commission.


Recent Search

Recent Tutorials

There is a high-risk XSS Vulnerability in W3 Total Cache, and we have got the guide to the fix for you.
Check out this tutorial to know how to install Apple watchOS 3 beta certificate on your Apple Watch and start enjoying the new version.
If you are trying to jailbreak iPhone, iPad or iPod on iOS 9.2 - 9.3.3 without using a computer or Apple ID, then check this video tutorial.
Pokemon Go users are complaining about the crashing and server issues. Check out the tutorial to solve error problems and thanks us later.
Turning off Wi-Fi Assist is a great way to save mobile data since it automatically starts using cellular data when Wi-Fi signal is poor .
If you want to secure your SIM card from others using it, then check out this tutorial to know how to set up the SIM Pin code on your iPhone.
CiderTV is a great alternative to control Apple TV from the Notification Center. Check out this tutorial to set up CiderTV on your iPhone.
Are you annoyed by the split screen mode on the iPhone 6 Plus or 6s Plus? Check out this quick tutorial to turn off split screen feature.
If you could not wait to installed the iOS 10 beta version on you iPhone and now struggling for the errors, then this tutorial is for you.
Siri might not understand the question you asked. But you can use Siri by editing the text that you asked & it will give an updated answer.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook