Did Facebook pay just $83M for that giant pile of IBM patents?
News today that Facebook is spending $550 million to buy 650 patents held by Microsoft came just weeks after it made what seemed to be an even bigger purchase from IBM in which it spent an undisclosed sum to acquire 750 patents.
It looks like those IBM patents are not nearly as valuable to Facebook as the ones once held by AOL that the social network bought from Microsoft today.
In Facebook's amended S-1, which it filed today with the Security and Exchange Commission, Facebook said that in the first quarter it spent $83 million acquiring patents. The updated … Read more