In an effort to better protect itself from litigious competitors, Facebook has acquired a large collection of patents from IBM.
Citing an anonymous source, Bloomberg reported today that the two companies struck a deal that will give the social-networking giant 750 of IBM's patents, which cover "software and networking" technologies.
An IBM spokesperson declined to comment on or confirm the report. A Facebook spokesman confirmed the deal, but would not comment on the volume or specifics of the patent collection.
The deal comes at a time when Facebook is under fire from Web giant Yahoo, which last … Read more