Yahoo places extra than three,000 patents on public sale block

California, agency says it hasn't set a minimum bid for the patent portfolio that it calls "Excalibur.''

SUNNYVALE: Yahoo is hoping to sell most of its technology patents as part of a purge that also ought to culminate in the sale of its internet operations.

extra than 3,000 patents which have already been issued or are below approval evaluate are on the public sale block. The SUNNYVALE, California, business enterprise says it hasn't set a minimum bid for the patent portfolio that it calls " Excalibur.'' Analysts have estimated that Yahoo Inc.'s patents are really worth extra than $1 billion.

Yahoo says it intends to hold greater than 2,000 other patents that have been issued or looking forward to approval inside the U.S. and overseas.

The patent public sale comes on the identical time that Yahoo is weighing gives for net operations that consist of its electronic mail provider and digital sports, finance and news sections.