Microsoft bought AOL's patents in a deal valued at $1.056 billion and may have just accelerated a Web map war with Google.
In a statement, AOL said it will sell more than 800 of its patents and patent applications to Microsoft. The deal includes shares of an undisclosed subsidiary so AOL can take a loss for tax purposes.
The deal is good for both parties and the patent auction was apparently competitive, according to Microsoft.
Why would these patents be so hot? There's a Web mapping war going on. Let's connect a few dots:Wikipedia, Foursquare and Apple ditched Google Maps for OpenStreetMap, … Read more