New York, April 24 (FinanceEnquiry.com) – Software major Microsoft Corporation (NASDAQ:MSFT) has sold a part of its patent portfolio it recently acquired from AOL (NYSE:AOL) to social networking giant Facebook Inc. for $550 million in cash.
The deal entitles Facebook to a ownership of about 650 AOL patents and patent applications. However, Microsoft will still have the license to these patents. The deal is being seen as a strategic move by the Menlo Park, California-based Facebook to bolster its intellectual property portfolio as it finds itself in the midst of ongoing patent violation battle with Internet giant Yahoo Inc (NASDAQ:YHOO).
Facebook is planning to soon go public with an IPO that analysts believe will be around $100 billion
New York, June 18 (FinanceEnquiry.com) – The Mini-SIM holding Pantech Flex P8010 was released last year in September. Dimensions of the handset are visible as 129.8 x 67.1 x 7.9 mm (5.11 x 2.64 x 0.31...
New York, June 18 (FinanceEnquiry.com) – White color has been chosen to represent the new Spice Mi-422 Smartflo Pace, a dual SIM (Mini-SIM) handset that comes in the dimensions of 126 x 63.8 x...
New York, June 17 (FinanceEnquiry.com) – In view of the fact that traders desisted large steps prior to an important meeting of US central bank policymakers afterward in the week, oil costs slipped on the very...
New York, June 12 (FinanceEnquiry.com) – Analysts at Deutsche Bank Securities reiterate their BUY rating on the shares of Apple Inc (NASDAQ: AAPL). The 12-month target price is set to $480.
In a...
New York, June 5 (FinanceEnquiry.com) – In the second quarter of last year Motorola mobile manufacturers released Motoluxe XT389, a chatting tool designed in the measurements of 116 x 63.5 x 11...
New York, June 4 (FinanceEnquiry.com) – RAZR series of Motorola mobiles have got immense success and appreciation in the market as the device come one way or another at pocket friendly amounts and...
New York, June 4 (FinanceEnquiry.com) – Even though there may be number of mobile phones in the market and that too of bigger brand names, but yet mobile phones of Vertu clearly stands apart....
New York, May 30 (FinanceEnquiry.com) – Selecting out the best and useful mobile phones is not a big deal, especially when users are able to differentiate between required features and unwanted ones...
New York, May 28 (FinanceEnquiry.com) – Seeing that a robust dollar and apprehensions over demand from leading customer China weighed even though the European Central Bank confirming its purpose to follow a...
New York, May 28 (FinanceEnquiry.com) – Tiffany & Co declares that since sales ameliorated across the entire areas, due to this, its 1Q net income soared 3 percent.
Shares of the company grew more...
