AOL to sell over 800 patents to Microsoft
Oh, things really turn around quickly.
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.
- AOL to sell over 800 patents to Microsoft (usatoday.com)
- Desperate AOL Sells 800 Patents To Microsoft For $US1b (gizmodo.com.au)
- AOL shares jump on Microsoft patent deal (cbc.ca)