From PC World: Yahoo is selling over 3,000 patents and pending applications that the pioneering Internet company believes could be the most foundational patents related to Web search and advertising.
The patents are in the areas of search, advertising and cloud technology and 2,659 of these were assigned in April to a Yahoo subsidiary called Excalibur ahead of the sale.
“Yahoo is exploring the divestiture of a portfolio of more than 3,000 patents and pending applications covering a wide range of technology, including early-filed Internet search, advertising, and cloud technology,” a Yahoo spokeswoman said in an email Tuesday.
The divestiture of the patent portfolio “represents a unique opportunity for companies operating in the Internet industry to acquire some of the most pioneering and foundational patents related to web search and advertising,” she added.
The Internet company is retaining a significant number of patents and pending applications in the U.S. and abroad that are related to its core Internet business. These include over 500 patents issued in the U.S., over 600 pending applications in the U.S. and about 1,000 additional foreign equivalents that are both pending and issued.
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