Large Firms
Apr. 11, 2012
Covington advises Microsoft on large patent deal
Microsoft reached an agreement Monday with AOL Inc. to purchase 800 patents and license an additional 300 patents for $1.056 billion in yet another high-profile large patent acquisition.
Daily Journal Staff Writer
A team of lawyers from Covington & Burling LLP in San Francisco led Microsoft Corp.'s purchase Monday of $1 billion-worth of patents from AOL Inc.
The purchase is another example of a growing trend in which companies are buying large patent portfolios as a weapon for future litigation wars, experts said.
Covington partner Bruce Deming said Microsoft had been interested in this group of ...
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