Facebook Paying for Patents from Microsoft

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Facebook shelled out $550 million dollars to Microsoft, and why you ask? They are working on keeping their company out of the courtroom as much as possible. With that money Facebook has gained access to 600 patents. Facebook was previously sued by Yahoo for patent infringement, and apparently they want to steer clear of these possibilities in the future.

Interesting enough, Microsoft paid AOL $1 billion dollars earlier this month, for access to their patents and some of these are included in the Facebook deal. Facebook has been after certain AOL patents recently and this deal definitely helped them gain access to some.

(via All Things D)

About author

Donny Benfield

Donny the “FT Guru”, has been in the tech world for several years, and his passion started in the earlier years of smartphones with Windows Mobile. Branching off from Windows Mobile to the iPhone, then Android, Windows Phone 7 and more. He loves phones and all tech in general. His podcasting started 2 years ago with the Married with Tech Podcast to The Love of Tech Podcast, Attention 2 Tech, and always being a substitute on The Gadget Gurus, to full time host. He has also blogged on several sites, like Android Community, Attention 2 Tech, and The Gadget Gurus. Donny is not scared to speak his mind about what he feels good solid technology is and does have a true passion when it comes to loving all things technology.

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