Bloomberg News

Facebook to Buy AOL Patents From Microsoft

April 23, 2012

A collage of profile pictures at the new Facebook Data Center on April 19, 2012 in Forest City, North Carolina. Photographer: Rainier Ehrhardt/Getty Images

A collage of profile pictures at the new Facebook Data Center on April 19, 2012 in Forest City, North Carolina. Photographer: Rainier Ehrhardt/Getty Images

Microsoft Corp. (MSFT:US) said Facebook agreed to buy for $550 million in cash a portion of the patent portfolio Microsoft recently agreed to buy from AOL Inc. (AOL:US)

Facebook will take ownership of about 650 AOL patents and patent applications, plus a license to the AOL patents and applications that Microsoft will purchase and own.

Microsoft will retain ownership of about 275 AOL patents and applications, a license to the AOL patents and applications that will now be owned by Facebook, and a license to about 300 patents that AOL did not sell in its auction.

To contact the editor responsible for this story: Greg Chang at gchang1@bloomberg.net


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Companies Mentioned

  • MSFT
    (Microsoft Corp)
    • $45.9 USD
    • -0.46
    • -1.0%
  • AOL
    (AOL Inc)
    • $43.47 USD
    • -1.48
    • -3.4%
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