Microsoft buys and licenses AOL patents in $1bn deal

charitynjw

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Microsoft buys and licenses AOL patents in $1bn deal

9th April 2012, 17:30:PM

http://www.bbc.co.uk/news/technology-17657205

Microsoft is buying the majority of AOL's patents in a deal worth $1.06bn (£668m).
A statement said the agreement covers the intellectual property rights to more than 800 innovations.
Microsoft will also be granted licensing rights to about 300 patents that AOL is keeping.

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