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Twitter” pay 36 million dollars to meet the acquisition of 900 patents
“Twitter” pay 36 million dollars to meet the acquisition of 900 patents
Paid social networking “Twitter” 36 million U.S. dollars to meet the acquisition of 900 patented a private company, “IBM” IBM, and join it in a cross-licensing agreement.
And solve this Convention, which took place in the month of December / December last year and announced in January, the conflict that pushed the company “IBM” competent in the field of computers and software, last November to lodge a complaint against the “Twitter” for violating the rights of three patents.
After that showed “Twitter” ability to defend itself in the courts, sought “IBM” in the settlement of the contract is, through the payment of the social network to buy some of the intellectual property rights of their own.
And have a “Twitter” now permits 956 patents and about 100 others had been applied for in the United States, before putting its IPO last November has had the network rights 9 patents only, making it an easy target for intellectual property disputes.
Confirming that said “Twitter to deposit her, she shared at the present time in a number of lawsuits over intellectual property rights, and added,” As we face increasing competition, we expect to increase the number of lawsuits filed against us relating to patents and intellectual property. ”
With regard to disputes between “IBM” and other companies, this is not the first time, where the social network “Facebook” in the March / March 2012 acquired 750 patents specific to “IBM”, just before the show names are for public subscription, As the “IBM” sold nearly 1,000 patents to the company “Google” in 2010.
It should be noted that with the company, “IBM” , which had last January to sell its own servers with architectural 86x, Inc. “Lenovo” in a deal estimated at 2.3 billion dollars, a portfolio and a very broad patents, as the number of patents U.S. Patent during the period between 1993 and 2012 to nearly 67,000.
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