Yahoo to sell patents relating to search, advertising and the cloud

Some patents relating to the core Internet business are being retained

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 US 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.

Yahoo said during an earnings call for its fourth quarter 2015 results that it had begun to explore divesting non-strategic assets of value this year, including non-core patents and real estate, for between $1 billion and $3 billion in cash.

Invitations have been sent out to potential buyers and according to The Wall Street Journal, the preliminary bids have to be in by the middle of June.

Yahoo said it hasn’t fixed a reserve price or given any guidance on the price. It hasn’t disclosed the names of the companies to whom it has sent invitations to bid, other than describing them as "strategic-operating companies."

The company is meanwhile also exploring the sale of its core Internet business. Verizon Communications is said to have bid $3 billion for the Internet assets ahead of a Monday deadline, according to WSJ.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Show Comments

Blog Posts

Putting the ‘human element’ back in marketing

During the recent CMO Momentum conference, Paul Mitchell shared how marketing leaders can create cultures that deliver

Paul Mitchell

Managing director, The Human Enterprise

The rise and rise of voice search

In 1982, an AT&T employee by the name of Plotzke predicted the rise of voice: “In fact, it has been predicted that, by 1990, well over half the communications dollars spent by businesses will be for products and services that include voice technologies.

Michael Jenkins

Founder and director, Shout agency

Is design thinking the answer for the next generation of marketing?

The speed and pace of change will never be slower than we’re experiencing today. So in this era of unprecedented change, how can brands meet soaring consumer expectations, stay relevant and deliver differentiated and connected experiences?

Merryn Olifent

Senior consultant, G2 Innovation

Bullshit

John Winkler

Kmart turnaround chief to exit Wesfarmers, Target

Read more

End your financial worriesAre you a business man or woman? And you are in need of an urgent loan as to start up your own business? Or do ...

lance

Kmart turnaround chief to exit Wesfarmers, Target

Read more

https://uploads.disquscdn.c... [magic school bus] KID: where are we going today MS. FRIZZLE: the zoo KID: but last week we went to SPACE ...

Germain3161

Sephora Asia details its journey to data-driven decision making

Read more

DP Apparel bietet große Auswahl Audi Rennbekleidung in Deutschland zu den besten Angeboten. Das Geschäft bietet auch qualitativ hochwerti...

DP apparel

Audi Australia gets a new CMO

Read more

this is a really great news

Vincent Mouton

Mobile-first banking startup showcases fresh brand identity

Read more

Latest Podcast

More podcasts

Sign in