Facebook to pay Microsoft $550 million for patents

Kioskea on Monday April 23, 2012 11:37:39 AM


Facebook announced Monday it would pay Microsoft $550 mn the patents

Facebook announced Monday it would pay Microsoft $550 million for some of the patents the software giant recently acquired from AOL.

Facebook announced Monday it would pay Microsoft $550 million for some of the patents the software giant recently acquired from AOL.

Facebook will pick up around 650 of the 925 patents Microsoft bought earlier this month from AOL in a $1.1 billion deal, Facebook said in a statement.

© 2012 AFP

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