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

Rogers and Shaw close the curtain on Shomi

Two-year-old streaming video service is shutting down Nov. 30

Snapchat drops the ‘chat’

Company also introduces new 'Spectacles' product

An agency exec makes the case for artists in the boardroom

Ron Tite offers CMOs a perfect roadmap for organizational creativity

The sky’s the limit for storytelling at Mondelez

A sneak peak from Marketing Live about content so good it makes money

Rogers introduces Twitter support

First Canadian company to offer support via social media platform

Twitter party spreads research on pediatric pain management

Year-long #ItDoesntHaveToHurt initiative provides helpful tips to parents

NHL’s Bill Daly explains use of virtual ads on rink boards

Deputy commissioner discusses sponsorship innovation at MES 2016

Netflix looks at binge habits of Canadians, global users

Viewers are getting hooked faster to binge-worthy content than ever before