A couple of news appeared today saying that the social network giant, Facebook, spent aroun $550 million to acquire 650 patents held by Microsoft. The purchase came after what appeared to be and even larger acquisition of IBM for 750 patents for an undisclosed amount.
It appears that the IBM patents that Facebook bought are not really important to the social network giant as the ones once held by AOL that Facebook purchased from Microsoft today.
In the amended S-1 of Facebook, which it filed with the Security and Exchange Commission today, the company stated that they spent . . . → Read More: Facebook Spent $83 Million for IBM Patent Acquisition