Facebook buys patents from IBM to defend itself

Mar 22, 2012

(AP) -- Facebook has acquired patents from IBM as it girds itself for litigation, including a lawsuit by Yahoo.

A company spokesman on Thursday confirmed the purchase but did not provide details.

Earlier, Bloomberg News said acquired 750 patents covering technologies dealing with software and networking. It cited a person with knowledge of the transaction who was not named in the report Thursday.

Last week, Yahoo Inc. sued Facebook, saying the giant had infringed on 10 of its patents covering advertising, and social networking. Facebook had said it found the action "puzzling" and vowed to defend itself.

IBM declined to comment on the report.

As with many patent suits, the battle between Yahoo and Facebook will likely be resolved in a settlement or licensing deal.

In early February, Facebook filed papers for a planned $5 billion of stock that would be the biggest ever for an Internet company.

The patent claims, however, cast a spotlight on Facebook's vulnerabilities as the company tries to complete an IPO this spring. At the end of 2011, Facebook had just 56 U.S. patents, a relatively small number compared with other big tech companies. Yahoo owns more than 1,000 patents.

Explore further: Google hits back at rivals with futuristic HQ plan

3 /5 (1 vote)
add to favorites email to friend print save as pdf

Related Stories

Yahoo! pokes Facebook over patents: report

Feb 28, 2012

Yahoo! has accused Facebook of infringing on 10 to 20 patents and warned the social network to pay licensing fees or prepare for a possible lawsuit, the New York Times reported.

Recommended for you

Google hits back at rivals with futuristic HQ plan

22 hours ago

Google unveiled plans Friday for a new campus headquarters integrating wildlife and sweeping waterways, aiming to make a big statement in Silicon Valley—which is already seeing ambitious projects from Apple ...

Ericsson sues Apple over patent violations

Feb 27, 2015

Swedish telecoms group Ericsson announced Friday a lawsuit against Apple claiming that the US tech giant continued to use its technology in iPhones and other wireless devices after refusing to renew a licencing ...

Stock market shrugs off net neutrality vote

Feb 27, 2015

(AP)—The stock market largely shrugged off the Federal Communications Commission's vote to impose tougher rules on broadband providers like Comcast, Verizon and AT&T to prevent them from creating paid fast lanes for the ...

Judge orders suspension of WhatsApp in Brazil

Feb 26, 2015

(AP)—A judge says he has ordered the suspension of the globally popular instant messaging system WhatsApp across Brazil because it has allegedly failed to help in an investigation.

User comments : 1

Adjust slider to filter visible comments by rank

Display comments: newest first

ZakirGowani
not rated yet Mar 24, 2012
Yahoo sued Facebook, to which Facebook was puzzled? Oh my, corporations really are people.

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.