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KRWG.ORG-The Region's Home Page

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Ray Suarez
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Business
1:00 pm
Mon April 9, 2012

AOL Sale The Latest Shot In Tech Patent War

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By editor

AOL is selling a trove of patents to Microsoft for about $1.1 billion. The announcement sent AOL's share price soaring. A shareholder group had been complaining that the struggling company hadn't acted to realize the value of its patents. Many tech companies have been moving aggressively to assemble large patent portfolios as they battle over intellectual property.