Apr 09 2012
AOL Sells Patents
A few weeks ago I read that AOL was going to sell its 800 patents, and that it hoped to raise about $1 billion. The article I read is AOL may sell off some of its 800 patents for cash. At the time I thought that it was very wishful thinking by AOL.
This evening I am eating humble pie :) AOL has sold all of its patents to Microsoft for $1.1 billion according to AOL Sells 800 Patents For $1.1 Billion To Microsoft [Memo To Staff]! This equates to $1,375,000 per patent!
It will be very interesting to see what Microsoft does with these patents next. Is it intending to go an an offensive against a competitor, or is it building up its own defence?
Comments Off on AOL Sells Patents