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AOL to sell over 800 patents to Microsoft

April 11, 2012

Oh, things really turn around quickly.

Image representing AOL as depicted in CrunchBase

Image via CrunchBase

 

AOL to sell over 800 patents to Microsoft

 

04-09) 05:11 PDT NEW YORK, (AP) — AOL said Monday that it has agreed to sell 800 of its patents and their related applications to Microsoft and grant it a license for its remaining patents for a total about $1.06 billion in cash. New York-based AOL Inc. said it plans to return some of the sale proceeds to its shareholders.

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via: www.sfgate.com

 

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