Wednesday, February 21, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Say Hello to Google Pay
"Fox Nation" Streaming Service To Debut in 4Q
Hatch Entertainment to Use Qualcomm Centriq 2400 Processors For Cloud Gaming Service
Qualcomm Sweetens Offer for NXP
KT, Qualcomm and Samsung Achieve Multi-vendor 5G NR Interoperability on Path to Mobile 5G NR Trials
Sony to Build Taxi-hailing System
Samsung to Cut OLED Panel Production as iPhone X Demand Slows: report
Samsung Electronics Begins Mass Production of 30.72TB SSD
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Digital Cameras > Kodak C...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, February 01, 2013
Kodak Completes $527 Million Sale Of Digital Imaging Patents


Kodak has completed a transaction for the sale and licensing of its digital imaging patents for net proceeds of $527 million.

The transaction, which achieves one of Kodak?s key restructuring objectives, follows other recent major accomplishments that include final Court approval last week for the company's interim and exit financing.

A portion of the $527 million was paid by 12 intellectual property licensees organized by Intellectual Ventures and RPX Corporation. Another portion was paid by Intellectual Ventures, which acquired a substantial majority of the digital imaging patent portfolio subject to these new licenses, as well as previously existing licenses.

The completion of the sale enables Kodak to repay an amount of its initial DIP loan, satisfy a key condition for its newly approved financing facility, and position its core Commercial Imaging business for future growth and success.

In addition to retaining rights to use the 1,100 digital imaging patents sold in the transaction, Kodak maintains ownership of about 9,600 patents, including many focused on its core business.

The transaction includes an agreement to settle current patent-related litigation between the participants and Kodak.


Previous
Next
IBM To Buy Star Analytics        All News        New 180GB Capacity Added to Intel SSD 335 Series
Samsung GALAXY Camera Wi-Fi Released     Digital Cameras News      Toshiba Is Samplpling New 8-Megapixel CMOS Image Sensor

Get RSS feed Easy Print E-Mail this Message

Related News
Kodak Releases Three Ultra Compact Portable Projectors to Play Video from a Mobile Device
Kodak Plans to Launch Cryptocurrency Called 'Kodakcoin'
KODAK Tablets Launching in Europe
Kodak EKTRA Camera-First Smartphone Launches in the United States
KODAK PIXPRO Digital Camera And Devices Line Up Announced At CES
Kodak Releases The KODAKEKTRA Smartphone Camera Hybrid
Kodak Launches Super 8 Filmmaking Revival Initiative
Kodak Finalizes Agreements With Hollywood Studios
KODAK IM5 Smartphone Is Official
Kodak To Debut Android Mobile Devices at CES 2015
Kodak Returns To CES With Consumer Product Line
Kodak Emerges From Bankruptcy Focused on Imaging for Business

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .