Here is why Twitter purchased 900 patents from IBM.
Until now Twitter is not profitable in terms of
revenues. Its overall expenditures swallow its revenues; meaning that, this
micro-blogging company, aiming to become a Facebook clone, in terms of content
architecture, needs relevant technologies to harness the potentiality of its
data. Twitter generates a vast amount of data, but struggles to transform
this wealth into cash. By purchasing about 900 patents from IBM, the message is
clear: IBM helps us generate solid revenues with your analytic
and Big data
technologies.
This also means that, as from now, Twitter has freedom
of action to innovate on behalf of all those who use its service.
At IBM, this new milestone illustrates the value of patented IBM inventions
and can demonstrate the IBM commitment to licensing access to their broad
patent portfolio.