Facebook bought patent AOL from Microsoft worth $ 550 million

GadgetFan - Social networking company Facebook yet again make a purchase with a fantastic value. After successfully acquiring Instagram up with a value of USD 1 billion, the company established Zuckerbreg Mark announced that the company has made ​​a purchase patents from Microsoft for U.S. $ 550 million
Patents were previously purchased by Microsoft for about two weeks ago, coinciding with the acquisition Instagram by Facebook. Microsoft patents the purchase of the site manager or AOL America Online spent approximately U.S. $ 1 billion. With the purchase of these Microsoft patents, Facebook seems to have a goal to prevent potential lawsuits over intellectual property. Previously, the largest social networking site had been demanded by Yahoo over alleged patent infringement.

Agreement we've built between Facebook and Microsoft makes Facebook now has 650 patents and patent applications. Moreover Facebook also has a license for 275 patents and applications owned by Microsoft. Previously, Facebook buy approximately 750 patents owned by IBM. Social networking giant is indeed the spirit of buying patents since the middle of launching them into the stock market.

"This agreement represents an important step in the ongoing process of building an intellectual property portfolio and to protect the interests of the company in the long run," said Ted Ullyot, Facebook's General Counsel

Let's wait what action will be conducted by Mark Zuckerberg. Within 15 days, Facebook has spent U.S. $ 1.5 billion for the purchase of Instagram and patents. This figure is estimated to have drained 3/8 of wealth Facebook.