Twitter buys 900 patents from IBM to protect IP

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 […]

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, N.Y.-based IBM Corp. holds more than 41,000 and received a total of 6,809 last year.

Media Articles

WestJet’s expert social media response to bomb hoaxes

The airline's transparent approach has helped calm nerves

New survey tracks the divide between online and broadcast

Many find their faves online and show little knowledge of the new fall schedule

Lexus gets Maclean’s cover treatment

Automaker gets in early on cover/table of contents offering

Bell Media strikes with Women’s World Cup

Canada's five matches average 4 million viewers

Canadians continue ‘tuning out’ of traditional TV: MTM

Study shows slow, steady shift to smart devices and new media

PR agency leads should only follow on Twitter (column)

Veritas' Krista Webster says PR agency bosses have 'absolutely no right' to tweet

How VW gets beyond TV to connect with drivers

Can an industry built on TV advertising find relevance online?

Microsoft strikes deals with AOL for display ads

Street image mapping service sold to Uber

Mobile made up a quarter of Canada’s online spend in 2014

IAB annual revenue survey shows gap widening between digital and TV