Intellectual Property
Dec. 21, 2012
Kodak sells digital imaging patent portfolio for less than it wanted
Eastman Kodak Co. announced the sale and licensing of its digital imaging patent portfolio Wednesday for $525 million to a group of technology giants, including rivals Apple Inc. and Google Inc.
Daily Journal Staff Writer
Eastman Kodak Co. announced the sale and licensing of its digital imaging patent portfolio Wednesday for $525 million to a group of technology giants, including rivals Apple Inc. and Google Inc.
The beleaguered photo company said the deal, which still needs approval from a New York bankruptcy court, gives it much needed capital to restructure and help it emerge from Chapter 11 bankruptcy in 2013. ...
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