Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror
Check out the new SourceForge HTML5 internet speed test! No Flash necessary and runs on all devices. ×
Google

Submission + - Bloomberg Report Apple and Google Joining Forces on Kodak Patents Bid (bloomberg.com)

TrueSatan writes: Bloomberg report that Apple and Google have partnered to make a more then $500 million bid for the Kodak patent portfolio. The bid relates to Kodak's 1,100 imaging patents.

Kodak obtained commitments for $830 million exit financing last month, contingent on its sale of the digital imaging patents for at least $500 million.

  This is likely to be an opening bid with the final figure being far larger...by comparison a group including Apple, Microsoft Corp. and Research in Motion Ltd. bought Nortel Networks Corp.’s more than 6,000 patents for $4.5 billion out of bankruptcy last year. Google lost the auction for those patents after making an initial offer of $900 million.

This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Bloomberg Report Apple and Google Joining Forces on Kodak Patents Bid

Comments Filter:

FORTUNE'S FUN FACTS TO KNOW AND TELL: A cucumber is not a vegetable but a fruit.

Working...