Categories
Close
Menu
Menu
Close
Search
Search

Featured Articles

News

AOL and Microsoft announce billion-dollar patent agreement

Mark

Share:

Print

Rate article:

No rating
Rate this article:
No rating

AOL has agreed to sell over 800 of its patents and associated patent applications to Microsoft, with Microsoft also being given permission to use the patents AOL is keeping. The total deal is worth $1.056 billion (£664 million).

Over 300 patents and applications will remain in AOL’s portfolio following the sale. A ‘significant portion of the sale proceeds’ will then be returned to shareholders.

Tim Armstrong, AOL’s Chairman and CEO, said “The agreement with Microsoft represents the culmination of a robust auction process for our patent portfolio. We continue to hold a valuable patent portfolio as highlighted by the license we entered into with Microsoft. The combined sale and licensing arrangement unlocks current dollar value for our shareholders and enables AOL to continue to aggressively execute on our strategy to create long-term shareholder value.”

The transaction is expected to be completed by the end of the year, subject to regulatory approval.

Comments

Collapse Expand Comments (0)
You don't have permission to post comments.

Opinion Articles

Whatever happened to all my tech?

ExclusiveWhatever happened to all my tech?

Mark Bridge writes:

I've been taking a look back at the devices I've written about during the past few years. Some are still faithful companions, others... well, let's just say my faith was misplaced.

ExclusivePredictions for 2016: Network Function Virtualisation, 4G throttling and video calling

Mark Windle, head of marketing at OpenCloud, predicts that this year’s reduction in the number of traditional telecoms operators in some countries will provide an opportunity for other operators to innovate and capture market share in 2016.

He says next year will be a year of rapid change for telecoms… whether it’s MVNO disruption, competitive tariff pricing or simply defence from the ‘dark art’ of hacking.

Kapture review: the audio-recording wristband

ExclusiveKapture review: the audio-recording wristband

Mark Bridge writes:

The most memorable moments in life often go unrecorded. You don't have your camera in your hands. Your finger is still hovering over the 'pause' button on your audio recorder. Or you were simply too busy experiencing whatever was happening. It's all about the one that got away.

That's where Kapture can help.

RSS
12345678910Last

Recent Podcasts

ExclusivePodcast - 1st July 2011

In this special feature we look at the current state of mobile applications and try to discover what makes a good app. You'll hear contributions from madvertise CEO Carsten Frien and 2ergo Product & Technology Director Colin McCaffery.

ExclusivePodcast - 29th June 2011

This week's podcast covers a wide range of mobile industry topics, from unused TV spectrum to the UK's favourite apps. We also discuss smartphone reliability, Symbian's plans, touchscreen patents and quite a bit more.

ExclusivePodcast - 24th June 2011

In this feature on m-Health we talk about the basics of mobile health with Sophia Salenius of RegPoint before discussing medical textbooks on smartphones with Jamie Driver of MedHand. Finally there's a glimpse of the future as we meet SK Telecom at Mobile World Congress.

ExclusivePodcast - 22nd June 2011

This week's podcast looks at a new mobile payment partnership, the possibility of spectrum sharing, m-commerce at Pizza Express, Nokia's MeeGo device, RIM's problems and the rest of the industry's big news stories.

ExclusivePodcast - 17th June 2011

A recent Mobile News report into 'box breaking' returned the subject of prepay phones, commission payments and network subsidies to the headlines. Iain Graham talks to reporter Michael House and independent dealer Faisal Sheikh for two very different perspectives.

RSS
First5051525355575859Last

Follow thefonecast.com

Archive Calendar

«August 2026»
MonTueWedThuFriSatSun
272829303112
3456789
10111213141516
17181920212223
24252627282930
31123456

Archive