Twitter Buy 900 IBM Patents

Twitter announced that it has purchased 900 patents from IBM, Friday, February 1, 2014. They have signed cross-licensing agreements with software companies and Internet services it. IBM had previously complained of patent infringement when Twitter filed its IPO (Initial Public Offering).

Towards the Twitter IPO late last year, IBM asked about the settlement of the patent. But Twitter preparing to compete in court. With this announcement, the affair ended peacefully this patent.

Purchase this patent has actually been done last December, but only announced last Friday. “This acquisition gives us the protection of intellectual property larger. This gives us the freedom to innovate on behalf of all users of our services, “said Ben Lee, Director of Legal Twitter last Friday. But they reluctantly announced the nominal value of the purchase.

IBM is very happy with this purchase. “We are very happy to do a deal with Twitter. We expect a productive relationship with Twitter to stay awake, “said Ken King, general manager for IBM's Intellectual Property.

IBM has led the annual list of patent recipients most United States for 21 consecutive years. They are the largest patent holder in the world with 6,809 patents earlier this year. Samsung was behind with 4,676 patents.

Thus, IBM has discretion in patent matters. Other industry players have also been forced to be submissive. In March 2012, Facebook bought 750 IBM patents before their IPO. This purchase order to deflect charges of violation of Yahoo. Google also bought 1,000 IBM patents.

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