Facebook Buys AOL Patents From Microsoft For $550 Million In Cash

techcrunch.com — Although Facebook didn't buy AOL's patent portfolio the other week - it was sold to Microsoft for $1 billion - it's going to get a good portion of those patents anyway: Microsoft and Facebook today announced that Microsoft would be selling Facebook 650 of the 925 patents that it bought from AOL to Facebook for $550 million in cash.
RT @TechCrunch: AOL's New Patent Owners: Facebook, In A $550M Deal With Microsoft t.co/3zMj1Yat by @ingridlunden