You are here
Twitter buys 900 IBM patents
NEW YORK—Twitter says it has bought 900 patents from IBM and that the companies have entered into a cross-license agreement. Financial terms weren’t disclosed. Ben Lee, the short messaging service’s legal director, says the deal provides Twitter with greater intellectual property protection and freedom to innovate.
Twitter said in a November regulatory filing that it received a letter from IBM accusing it of infringing on three of its patents. The letter asked Twitter to take part in settlement negotiations, but Twitter said at that time that it believed it could defend itself against the allegations. As a relatively new company.
San Francisco-based Twitter Inc holds just a handful of patents. Meanwhile, Armonk, NY—based IBM Corp holds more than 41,000 and received a total of 6,809 last year.
User comments posted on this website are the sole views and opinions of the comment writer and are not representative of Guardian Media Limited or its staff.
Guardian Media Limited accepts no liability and will not be held accountable for user comments.
Guardian Media Limited reserves the right to remove, to edit or to censor any comments.
Any content which is considered unsuitable, unlawful or offensive, includes personal details, advertises or promotes products, services or websites or repeats previous comments will be removed.
User profiles registered through fake social media accounts may be deleted without notice.