Microsoft Sells Facebook Its AOL Patents for $500 Million

So much for the speculation over what Microsoft would do with the 925 patents it just bought from AOL earlier this month. At least part of the mystery is solved. Redmond is reselling most of them to its ally Facebook.

Microsoft and Facebook on Monday announced a deal for the social networking giant to purchase some of Redmond’s recently acquired AOL patent portfolio for $550 million in cash. That leaves Microsoft with 275 of the patents — via redwolf.newsvine.com

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