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Monday, April 23, 2012

Microsoft, Facebook Announce Patent Agreement

REDMOND, Wash. and MENLO PARK, Calif., April 23, 2012 /PRNewswire via COMTEX/ -- Microsoft Corp. and Facebook announced today a definitive agreement under which Microsoft will assign to Facebook the right to purchase a portion of the patent portfolio it recently agreed to acquire from AOL Inc. Facebook has agreed to purchase this portion for $550 million in cash. 

Microsoft, Facebook Announce Patent Agreement - MarketWatch

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