Facebook to Buy AOL Patents from Microsoft for $550 Mln
Facebook will take ownership of about 650 AOL patents and patent applications, plus a license to the AOL patents and applications that Microsoft will purchase and own.
Microsoft will retain ownership of about 275 AOL patents and applications, a license to the AOL patents and applications that will now be owned by Facebook, and a license to about 300 patents that AOL did not sell in its auction.
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