Today's Hard|Forum Post
Today's Hard|Forum Post

Saturday June 16, 2012

AOL Sells Patents to Microsoft for $1.056 Billion

AOL announced on Friday that the company had concluded transactions with Microsoft to purchase 800 AOL patents for a little over $1 Billion dollars. The infusion of cash will be channeled back to AOL investors.

The move is a big one for another reason: It shows that Microsoft would rather spend the cash on patents rather than get sued over them at some point down the line.