Financial terms weren't disclosed.
Ben Lee, the short messaging service's
legal director, says the deal provides Twitter with greater intellectual
property protection and freedom to innovate.
Twitter said in a November regulatory
filing that it received a letter from IBM accusing it of infringing on three of
its patents. The letter asked Twitter to take part in settlement negotiations,
but Twitter said at that time that it believed it could defend itself against
As a relatively new company, San
Francisco-based Twitter Inc. holds just a handful of patents. Meanwhile,
Armonk, N.Y.-based IBM Corp. holds more than 41,000 and received a total of
6,809 last year.