Twitter has acquired more than 900 patents from IBM, and the two companies inked a wide range of cross -licensing deal to head off potential intellectual property spat.
According to Twitter, the deal with IBM will give the company more protection of intellectual property and give U.S. Leeway to innovate. Twitter said in SEC filings that intellectual property issue with IBM. The deal also heads the script.
IBM has a broad portfolio of patents and licenses intellectual property often. IBM had the most U.S. patents in 2013 and has held for decades that crown. Big Blue Spend Annually about 6 percent of revenue to research and development.
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