Twitter Scoops Up 900 IBM Patents, Inks Licensing Deal

Law360, New York (January 31, 2014, 2:13 PM EST) -- Twitter Inc. has bought over 900 patents and signed a cross-licensing agreement with IBM Corp. in a deal announced Friday that patches a rift between the social media titan and the technology pioneer following IBM’s recent accusations that Twitter infringed its patents.

In a joint statement on Friday, the companies revealed that Twitter had purchased over 900 patents from IBM and entered into a patent cross-license agreement in December, a month after Twitter told U.S. regulators that IBM had accused it of infringing three IBM patents....
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