Skip to main content

IBM and Twitter Announce Patent and Cross-License Agreement

Twitter purchases 900 patents from IBM

ARMONK, N.Y. and SAN FRANCISCO - 31 Jan 2014: IBM (NYSE: IBM) and Twitter (NYSE: TWTR) announced today that in December Twitter acquired over 900 patents from IBM and that the companies entered into a patent cross-license agreement. Financial terms were not disclosed.

"This acquisition of patents from IBM and licensing agreement provides us with greater intellectual property protection and gives us freedom of action to innovate on behalf of all those who use our service," said Ben Lee, Legal Director for Twitter.

“We are pleased to reach this agreement with Twitter because it illustrates the value of patented IBM inventions and demonstrates our commitment to licensing access to our broad patent portfolio. We look forward to a productive relationship with Twitter in the future,” said Ken King, General Manager of Intellectual Property for IBM.

IBM has led the annual list of U.S. patent recipients for 21 consecutive years. More information about IBM’s patent leadership is available at: http://ibm.co/1hLSj8W

Contact(s) information

Chris Andrews
IBM Media Relations
1 (914) 499-4045
candrews@us.ibm.com

Jim Prosser
Twitter
1 (415) 857-5461
jprosser@twitter.com

Related XML feeds
Topics XML feeds
Corporate
Financial news, company earnings, philanthropy, community service, human resources, sponsorship
Investors
News of interest to IBM investors

Document options