Apple, Google, and Samsung Teaming Up in Effort to Acquire Kodak Patents
Following last month's report that Apple and Google were heading up separate consortiums bidding to obtain Kodak's portfolio of digital imaging patents, The Wall Street Journal now reports that the two camps may surprisingly be joining the same team. The negotiations are reportedly seeing Apple joining forces with its courtroom foes Samsung and HTC, as well as smartphone platform rival Google, in an effort to obtain the patents for a price well below that sought by Kodak.
The bidding group brings together a raft of strange bedfellows. It includes Apple Inc. and Google Inc., fierce competitors in the global smartphone market. It also includes Intellectual Ventures Management LLC, which buys up patents to seek licensing revenue and increasingly sue other companies for infringement, and RPX Corp., which buys patents to keep them from being used against its members in suits. [...]
People familiar with the matter said the consortium bidding on Kodak's patents also includes Samsung Electronics Co., LG Electronics Inc. and HTC Corp., all companies building smartphones based on Google software.
The report notes that the large consortium of competitors is seeking to purchase Kodak's patent portfolio for "more than $500 million", above opening bids but well below the $2.2-$2.6 billion Kodak has been hoping to win. A win by the consortium could help prevent litigation over the patents by keeping them out of the hands of a single company, but antitrust regulators could raise complaints over the move.
As a result of the volatile negotiations, Kodak has extended bidding several times and has indicated that may end up pulling some or all of its patents from the auction block if pricing is not in line with what it feels it needs to assist with its bankruptcy issues.
Popular Stories
Benchmark results have started to surface for MSI's new GE76 Raider, one of the first laptops to be powered by Intel's new 12th-generation Core i9 processor.
Intel previously said that its new high-end Core i9 processor is faster than Apple's M1 Max chip in the 16-inch MacBook Pro and, as noted by Macworld, early Geekbench 5 results do appear to confirm this claim, but there are several...
Dropbox today announced that users who update to macOS 12.3 once that software version becomes available may temporarily encounter issues with opening online-only files in some third-party apps on their Mac.
In a support document and an email to customers, Dropbox said it is actively working on full support for online-only files on macOS 12.3 and will begin rolling out an updated version of...
Apple today announced the Black Unity Braided Solo Loop for the Apple Watch, as well as a new downloadable watch face, to celebrate Black History Month. Following the launch of the limited edition Black Unity Apple Watch Series 6 and Sport Band in 2021, Apple today launched the Black Unity Braided Solo Loop as part of its celebrations for Black History Month this year.Apple is launching a...
Apple today released iOS 15.3 and iPadOS 15.3, the third major updates to the iOS and iPadOS 15 operating systems that were released in September 2021. iOS and iPadOS 15.3 come almost two weeks after the release of iOS and iPadOS 15.2.1, minor bug fix updates.
The iOS 15.3 and iPadOS 15.3 updates can be downloaded for free and the software is available on all eligible devices over-the-air in ...
Apple today seeded the first betas of iOS 15.4, iPadOS 15.4 to developers for testing purposes, adding a slew of new features to the latest iOS operating systems. iOS 15.4 is the biggest update that we've had to iOS 15 to date, and it brings Universal Control, Face ID with a mask, new emojis, and tons more.
Face ID With a Mask
With iOS 15.4, there is now an option to unlock your iPhone...
Apple is working on a new payments service that will allow iPhones to accept payments directly on device with no additional hardware, reports Bloomberg. Right now, iPhones can accept credit cards with add-ons like the Square Reader, but Apple's new technology will eliminate the need for a third-party product.
Individuals and small businesses will be able to accept payments with the tap of a...
Apple today released macOS Monterey 12.2, the second major update to the macOS Monterey update that launched in October. macOS Monterey 12.2 comes over a month after the release of the 12.1 update, which brought SharePlay support.
The macOS Monterey 12.2 update can be downloaded on all eligible Macs using the Software Update section of System Preferences. Apple has also...
Top Rated Comments
Google gets them Tues, Thurs and Sat
Samsung gets Sunday and should consider itself lucky.
*SMH* THIS is the reason patents should NOT be transferable. Patents are supposed to protect IPs, not to be traded as a business on its own!
They quickly become friendly again when something like this comes up. Don't believe Steve's last words about wanting to destroy Android... He just said that because it gets all the Apple people worked up and energized.