Microsoft sells patents to Xiaomi, builds 'long-term partnership'

SINGAPORE (Reuters) - Software maker Microsoft Corp is selling about 1,500 of its patents to Chinese device maker Xiaomi [XTC.UL], a rare departure for the U.S. company and part of what the two companies say is the start of a long-term partnership.

from Reuters: Technology News http://ift.tt/1sJPkba