23 March 2012

Facebook Buys IBM Patents



We have learned that Facebook bought some of IBM's intellectual property rights.

Following this report  the deal involved 750 patents which included software, networking and other technologies. This news follows the case where Yahoo is prosecuting Facebook, where it claims that the Facebook model is based on their technology.

It has been reported by an unnamed source that at least some of the patents involved in this latest deal might have been licensed by IBM to Yahoo.

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