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AOL and Microsoft Announce $1.056 Billion Patent Deal

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#1
AOL Inc. today announced that the Company has entered into a definitive agreement to sell over 800 of its patents and their related patent applications to Microsoft Corporation and to grant Microsoft a non-exclusive license to its retained patent portfolio for aggregate proceeds of $1.056 billion in cash.

Following the sale, AOL will continue to hold a significant patent portfolio of over 300 patents and patent applications spanning core and strategic technologies, including advertising, search, content generation/management, social networking, mapping, multimedia/streaming, and security among others. AOL also received a license to the patents being sold to Microsoft.

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#2
They just purchased a defensive sheild against Apple.
 

Easy Rhino

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#3
It really is hard to believe AOL still exists.
 
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#4
LOL wut?


MS has the money to buy companies like this, but with the rights being the gateway they just buy them and grow their online existence. They are planning a full invasion of the mom and dad, gram and gramp that still use AOL.
 

Easy Rhino

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#5
LOL wut?


MS has the money to buy companies like this, but with the rights being the gateway they just buy them and grow their online existence. They are planning a full invasion of the mom and dad, gram and gramp that still use AOL.
and those AOL users will be the better for it :laugh:
 
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#6
it's the patents they want, not the people.
 
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#7
wow aol still around :roll: