Two tech goliaths, Microsoft and Facebook, have joined forces to acquire more patents. An interesting merge of companies to combat Google’s presence… and…. 1/2 the deal is now paid for…in less than a month.
Nick Wingfield writes, “The agreement between Microsoft and Facebook, announced on Monday, came less than two weeks after Microsoft agreed to pay more than $1 billion for 925 patents held by AOL. In a second deal, Microsoft said it had turned around and sold 70 percent of those same patents — about 650 in all — to Facebook for $550 million in cash, along with rights to 275 AOL patents Microsoft plans to retain.”
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