Friday, December 19, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Facebook And Android Top Digital Trends For 2014
Your Next Car Could Have Android Inside
North Korea Linked To Recent Sony Hacking
Sony Global Education Established
CEA and Japan Audio Society to Jointly Promote Hi-Res Audio
Intel, IBM Follow Different Strategies On 14nm FinFET
Toshiba Announces 6TB Enterprise Capacity HDD Models
WebOS 2.0 Smart TV Platfom To Debut At CES
Active Discussions
The Leading Fifa 15 Coins saler
Windows xp
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
 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
Jury Says Apple Not Guilty in iPod Suit
Google's Most Seachable Topics For 2014
Dutch Watchdog Issues Sanction to Google
Google Seeks For Research Proposals For "Web of Things"
Spanish Law Forces Google To Shut News Service In The Country
Apple and IBM Bring Big Data Analytics and Security Capabilities on iPhone And iPad
Samsung Seeks to Toss $930 Million Award
iPhone 6 Plus Captures Great Portion Of US "phablet" Sales
Apple Technology Protects Falling Phones
Google To Release products For Children
Target and Google To Showcase Game On Project Tango Tablet
New Google Glass To have Intel inside, Report Says

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .