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Microsoft Just Bought 800+ Patents from AOL

Contributing to Microsoft's quest to rule the world AND defeat Google's Android all in one fell swoop, AOL announced on Friday that it completed its $1.056 billion patent transaction with Microsoft.

According to Friday's announcement, the Redmond company now commands over 800 patents and their related patent applications. The company also now has a non-exclusive license to AOL's retained patent portfolio for aggregate proceeds of $1.056 billion in cash.

"The closing of this transaction represents another major step for AOL in increasing value for our shareholders," said Tim Armstrong, Chairman and CEO. "As our track record has shown, you should expect us to continue our momentum of creating and unlocking shareholder value through continued operational improvements and executing on our strategy."

AOL said that the transaction is expected to clear the way for the company to return more value to its shareholders while highlighting the AOL Board's commitment to enhancing value. The close will also enable AOL to continue to aggressively execute on its strategy to create long-term shareholder value.

"As a part of the transaction AOL also received a license to the patents being sold to Microsoft. AOL continues to hold a significant patent portfolio of over 300 patents and patent applications spanning core and strategic technologies, including advertising, search, content generation/management, social networking, mapping, multimedia/streaming, and security among others," the company said on Friday.

Microsoft agreed back in April to buy more than 800 patents and obtain non-exclusive license over 300 additional patents from AOL. The company's retained portfolio of patents are related to core and strategic technologies including advertising, search, content generation/management, social networking, mapping, multimedia/streaming, and security among others.

  • beruli
    I wonder who is going to sue them for patent infringement.
  • ang1dust
    Dang, I am surprised they just don't do what Apple does. Infringe patents and hope they don't notice because its cheaper to ask for forgiveness then it is to ask for permission. Am i right?
  • burmese_dude
    No worries for AOL in case you are...

    They still have over a million patents in free AOL disc technology.
    How has AOL still been around the last 10 years? It was nice, up until about then.
  • atikkur
    it becomes eeerie.
  • nuvon
    Didn't know AOL actually has patent...
  • vilenjan
    doesn't surprise me, aol was one of pioneering company when ti came to early web usage, so it would make sense that they hold a good deal of patents related to various web based applications.
  • AznCracker
    time to trOL
  • And the corporations capture a little more of the world.
  • freggo
    I'm surprised AOL is even still around... moment please...downloading more graphics... :-)