Kodak and Sony, Sony Ericsson Enter Into Cross-License Agreements

Wednesday, January 3, 2007

Kodak and Sony, Sony Ericsson Enter Into Cross-License Agreements

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Eastman Kodak Company today announced that it has entered into a technology cross-license agreement with Sony that will allow each company broad access to the other?s patent portfolio.

Kodak also announced that it has entered into a technology cross license with Sony Ericsson Mobile Communications AB that will allow Sony Ericsson access to Kodak technology for Sony Ericsson?s products. Kodak will also have access to Sony Ericsson?s technology.

The license agreements are royalty bearing to Kodak. Additional financial terms were not disclosed.

Separately, the companies agreed to conclude their patent litigation, which involved a subset of their imaging technologies.