Monday, April 9, 2012

AOL's Patent Sale and License: Microsoft to Pay $1.1 billion

Today, AOL signed an agreement with Microsoft to sell 800 patents and grant a non-exclusive license to 300 patents AOL retains for $1.1B. This works out to nearly $1 million per patent. And AOL's stock jumps 43%!

Here are a few links to news coverage on the AOL patent sale:

AOL surges 43% on $1 billion patent deal - CNN Money

AOL to make over $1 billion in patent sale to Microsoft - CNET

AOL Sells 800 Patents For $1.1 Billion To Microsoft [Memo to Staff] - Techcrunch

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