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Facebook pays Microsoft $550 mn for AOL patents
Facebook will pay Microsoft Corp $550 million (341 million pounds) in cash for hundreds of patents recently sold by AOL, the social networking company's latest move to bulk up its intellectual property in the wake of a lawsuit filed by Yahoo.
The deal will give Facebook 650 patents and patent applications, as well as a licence to another 275 patents and applications owned by Microsoft.
Microsoft trumped
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