AOL said it had completed a US$1 billion patent deal with Microsoft, which includes the sale of more than 800 patents and their related applications, and grants the computer giant a licence for AOL’s remaining portfolio of more than 300 patents and applications. In a statement, AOL said that its assets “span core and strategic technologies, including advertising, search, content generation/management, social networking, mapping, multimedia/streaming, and security among others.”
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