HomeinetTwitter agreed with IBM to buy 900 of its patents

Twitter has agreed with IBM to buy 900 of its patents

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Twitter has reached an agreement with IBM to purchase 900 of its patents , following negotiations that began last November, following an "invitation" from the latter .

IBM sent a letter to Twitter inviting it to negotiate a commercial agreementbecause the latter used three patents .

The two companies managed to reach an agreement, the financial terms of which were not disclosed.

Now, as a Twitter spokesperson noted, the company is more protected in terms of intellectual property and can continue to develop its services undisturbed.

IBM holds more than 4,100 patents . It is a company with a long tradition in this field and in 2013 alone it registered 6,809 patents in the US, topping the annual patent list for the 21st consecutive year

 

Source: e-pcmag.gr

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