Facebook Tried To Buy AOL's Patents Before Microsoft Bid $1 Billion

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Photo: Illustration: Ellis Hamburger

Facebook wanted to buy AOL’s 800 patents before Microsoft ultimately bid $1 billion and won the auction, Bloomberg BusinessWeek’s¬†Douglas MacMillan, Serena Saitto and Dina Bass report.Facebook has an $8 billion credit line from its IPO underwriters.

Clearly, its burning a hole in Mark Zuckerberg’s pocket.

AOL announced the sale of its patents the day Zuckerberg told the world that he’d just bought Instagram for $1 billion.

Maybe Facebook will still buy some of those patents: Microsoft Is Planning To Sell Most Of The Patents It Bought From AOL

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