AOL Strikes $1.1 Billion Patent Deal with Microsoft
April 9, 2012
The New York Times
On Monday, AOL agreed to sell a portfolio of over 800 patents, and license about 300 more, to Microsoft for $1.056 billion. Under the terms of the transaction, AOL will retain a license for the patents it is selling, while Microsoft will receive a nonexclusive license for the technologies AOL is retaining. AOL was advised by Finnegan in this matter.