America Online (AOL) today announced that the company has entered into a definitive agreement to sell over 800, keeping over 300 significant patent portfolios to itself, of its patents and their related patent applications to Microsoft granting the software giant a non-exclusive license to its retained patent portfolio for aggregate proceeds of $1.056 billion in cash. “The...
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The Australia’s scientific agency has reached a multi-million dollar out-of-court settlement in the United States over the use of its wireless internet technology. Since 2005, Commonwealth Scientific and Industrial Research Organization (CSIRO) have been suing companies for using the WLAN technology without a license. The CSIRO said the settlement for the Wireless local...