Facebook has reportedly purchased 750 patents from IBM in an effort to build its portfolio for better defense against patent suits. The social network giant, which plans to kick off an IPO in a matter of weeks, is in an especially vulnerable position against intellectual property suits. Earlier in the month, Yahoo sued Facebook for infringing on 10 of its patents regarding networking and advertising technology. Scooping up a large patent acquisition from IBM, then, is an indication Facebook is hoping to bolster its relatively small portfolio and gain leverage during suits.
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Facebook Locks and Loads 750 IBM Patents
Posted by: Rachelle Dragani March 23, 2012 10:42 AMFacebook has reportedly purchased 750 patents from IBM in an effort to build its portfolio for better defense against patent suits. The social network giant, which plans to kick off an IPO in a matter of weeks, is in an especially vulnerable position against intellectual property suits. Earlier in the month, Yahoo sued Facebook for infringing on 10 of its patents regarding networking and advertising technology. Scooping up a large patent acquisition from IBM, then, is an indication Facebook is hoping to bolster its relatively small portfolio and gain leverage during suits.