Facebook is beefing up its intellectual property arsenal by paying $550 million (€417 million) for some of the patents Microsoft recently agreed to buy from AOL.
Facebook will obtain about 650 AOL patents and patent applications, as well as a license to AOL patents and applications that Microsoft will purchase and own, the companies said in a statement today.
Microsoft said earlier this month that it would pay $1.06 billion for a portfolio of patents from AOL....
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