Monday, April 27, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Imagination Technologies Seeks Academia's Attention With MIPSfpga Program
AMD to Launch New Godavari APUs In May
Marvell Launches The ARMADA 1500 Ultra Platform for 4K Entertainment
GeIL's Latest DDR4 SUPER LUCE Memory 'Breathes'
Google Explorer Among Nepal Earthquake Victims
Nokia Won't Return To Phone Manufacturing
Russian Hackers Accessed Obama's Emails
LG Display Leads The OLED Market
Active Discussions
menu making
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Question about nero
Copied dvd's say blank in computer only
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Apple a...
Last 7 Days News : SU MO TU WE TH FR SA All News

Saturday, December 08, 2012
Apple and Google To Jointly Bid For Kodak Patents


Apple and Google, the two 'opponents' competing at the smartphone and tablet market, have reportedly joined forces to acquire Eastman Kodak's 1,000 imaging patents for more than $500 million.

Eastman Kodak filed for Chapter 11 bankruptcy protection in January and it company needs to sell the patents to help pay down a $950 million loan from Citigroup. The company said that it expects to exit bankruptcy in 2013.

A Bloomberg report cited "two people with knowledge of the situation" today claiming that Apple and Google are trying to buy Kodak's imaging patents. The Wall Street Journal has previosuly reported that Apple and Google were each leading separate consortiums to purchase the patents in the range of $150 million to $250 million.

Partnerships are typical in patent sales because they allow competitors to neutralize potential infringement litigation. A group including Apple, Microsoft and Research in Motion bought Nortel Networks?s patents for $4.5 billion out of bankruptcy last year.

Google, said the company doesn't comment on rumors, while Kodak and Apple declined to comment on the patent sale.


Previous
Next
Sony And Box Offer 50GB Free Cloud Storage        All News        Samsung Launches Galaxy Muse Portable MP3 Player
IBM Chip To Use Light To Accelerate Internet Services     General Computing News      Microsoft Cuts Prices for Windows Azure Storage

Get RSS feed Easy Print E-Mail this Message

Related News
Google Explorer Among Nepal Earthquake Victims
Apple Watch Available In Select Stores
Google Reports High Profit and Revenue
New Vulnerability Allows DoS Attacks on iOS Devices
Google Unveils Project Fi Wireless Program
Tech Lobbying Spendings Explode
Europe Charges Google In Antitrust Case
Apple’s Worldwide Developers Conference Kicks Off June 8
Apple Updates Final Cut Pro X, Motion and Compressor
Google is Working on Battery Technology
Apple Seeks For Exclusive Streaming Deals
Apple Watch Goes On Sale

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .